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Affordable Home Owner Insurance – Don't Lose Hope!

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					Affordable Home Owner Insurance – Don't Lose Hope!

Generally, purchasing home owner insurance is not a requirement. Because of this, many
people opt not to purchase home owner insurance. Why spend money on something that
you are not required to have and may not ever need?

Because the time might come that you need it. Luckily, there are ways to find affordable
home owner insurance.

Compare the coverage and rates of several insurance companies before deciding on one
that’s right for you. You don’t want to be sucked in by a company that promises but
doesn’t deliver, only to find that you’ve wasted time and money.

You should also consider buying from the same company that you already purchase
another kind of insurance from. Some insurance companies offer both home and auto
insurance and you can usually save money by purchasing both from the same company.
Also, if you remain a loyal customer for several years, some insurance companies will
offer you special discounts. Ask about these and other discounts.

Many insurance companies will base the price of home owner insurance on the home
owner’s credit history. Your credit history isn’t something you can change, but you can
make efforts to improve it. Many people find they are able to get affordable home owner
insurance if they make some changes to their homes.

For example, if you live in a high risk area for floods, storms, or crime, you may consider
investing in a new roof, stronger windows, and a reliable security system.
You shouldn’t include the land your home sits on in your policy, as it’s very rarely
damaged to the degree that a house is, and since the value of certain properties included
in your policy tends to change over time, and by reviewing your policy you could prevent
paying more than you need to.

Unfortunately, nothing is free, including any type of insurance; however, you can take
steps to increase your odds of finding affordable home owner insurance.

				
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posted:7/29/2012
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