Whether you’re remodeling your bathroom or building a back porch, renovations are a great way to raise your home’s value. However, since you’re increasing the home’s market value, it’s always a good idea to reevaluate your homeowner’s insurance to ensure you are properly covered at the best rates. Moreover, while some renovations increase your rates, others may grant you discounts and savings on homeowners insurance. Read on to discover the types of renovations that affect your homeowners insurance rates and what additional policies can protect you during construction. [Read more…]
Do Renovations Affect Your Homeowners Insurance Rates?
February 25, 2020 by
The Relation Between Risk and Insurance
November 30, 2016 by
All insurance, from homeowners insurance for your home to health insurance for your body, is about chance. What is most likely to occur, and how often it can occur. The types of general insurance out there cover what they cover because those are the most likely risks that can occur. The frequency and cost to compensate for the risk explains how much you pay on your insurance premiums. By understanding the relation between risk and insurance, you get a better appreciation of insurance and how to reduce its costs. [Read more…]
5 Tips for Reducing Your Auto Insurance Costs
July 15, 2016 by
Insurance premiums are a just another bill, and just like any other bills such as water or electricity, you can reduce the costs through smart investment and good habits. Auto insurance is a requirement for any driver, so it’s important to have the right amount of coverage as well as paying the right price for it. Below are five tips for reducing your auto insurance costs. [Read more…]
How Insurance Premiums are Calculated: Moving
November 10, 2014 by
Whether it’s a new place in the same city, or a new city on the other side of the country, you might be surprised how a move can affect your car insurance. It doesn’t matter if you haven’t changed cars or had any brushes with the law, the simple act of relocation can cause the premiums on your car to go up or down. But why? Calculating the price of insurance uses many factors you may not think matter, but that have statistical changes on the chance of getting into an accident.
Understanding Premiums and Deductibles
May 8, 2013 by
If you’re new to the world of insurance premiums and deductibles, you may be surprised at the relation between the two. [Read more…]
