Monday, 1 August 2011

Money Saving Monday

Let’s talk about your homeowner’s insurance.  I find that many people get their annual renewal notice, complain about the increase and just leave it at that.  If you haven’t had your policy reviewed in the last couple of years – it’s time to get it done.   I recommend using a Broker (like Ontario West Insurance Brokers in London – ask for Traci or visit ).  Brokers have your best interest in mind and can shop for the best rates around.

If you don’t have someone to help here are a couple things to consider:

Raise the deductibles on your homeowners insurance. For example, raise it from $250 to $1000 and save up to 20% a year on your premiums.

Secure your home with smoke, carbon monoxide and burglar alarms, dead bolt locks, and/or a sprinkler system. Many insurance companies will discount homeowner’s premiums for these safety features.

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