How I Saved 25% on My Homeowners Insurance Premium by Shopping Around
Friday, 17 May 2024, 21:30
Rising Homeowners Insurance Premiums
If you've noticed your homeowners insurance premiums rising in recent years, you aren't alone. The average premium in the United States increased by more than 11% in 2023, on top of an above-average increase in 2022. In some states, the increases have been far greater.
Saving Money on Homeowners Insurance
- Switching Policies: Learn how one homeowner saved 25% on their premium by switching to a new policy with the same coverage.
- Shopping Around: Get tips on how to obtain quotes from different insurance providers to potentially save hundreds or even thousands of dollars per year.
- Reviewing Coverage and Deductibles: Understand the importance of periodically reviewing your coverage and deductibles to ensure you're not overpaying for insurance.
By taking simple steps like shopping around and reviewing your coverage, you can save significantly on your homeowners insurance premium.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.