If you are a homeowner who lives on a budget it’s understandable to question the wisdom and value of purchasing home insurance yearly. You might decide to stop the coverage if you are claim-free for a lot of years. Before dropping your coverage, think about the repercussions of going "bare" in the insurance world. There is a strong possibility that you might end up paying far more if you don't have insurance compared to buying the policy yearly. Here are some ways why the absence of a policy may cost you more.
Like Do-It-Yourself Projects? Like saving on your insurance premiums? They can go hand-in-hand. Home improvements like remodeling are part of owning a home. Here are a few projects you can tackle that just might also save you some money on insurance.
Before you finalize a mortgage loan lenders almost always require home buyers to purchase the minimal level of "hazard insurance". It is part of the standard insurance policy for homeowners. This type of insurance covers vandalism, theft, hail, wind, smoke, fire, or other similar events.
A friend of mine was asking me the other day about homeowners insurance. He was wondering how much it should cost to insure his home, and knowing what it was, I was able to give him a ballpark estimate based on my experience in quoting many, many homes. He was shocked that the amount was much less than what he was paying, and yet he didn’t want to leave his current insurance company because of the “multi-policy discount” he was getting on his insurance. Eventually, he came around because he realized he’d STILL be saving money and could get all the coverage he needed at WPi.
Small-business owners may have mixed feelings about marketing on social media and it’s understandable. According to a popular Manta poll, social media marketing tactics are what business owners rely on more than others. However, only 38% of owners have invested in social advertising.