Top Ways to Reduce Your Home Owner’s Insurance Premiums

Whether you’re new to homeowning or are looking for new ways to save money, you may be searching for ways to reduce your home owner’s insurance premiums. In addition to paying your mortgage, you have bills like gas, water, and electric, on top of all of your other maintenance responsibilities. While being a homeowner can get costly, it pays to save at every chance you can.

Saving on Your Premium

Having insurance is a necessity, but that doesn’t mean you can’t get a deal on the home owner’s insurance premium. On average, a homeowner will spend a little over $1,000 a year for their insurance premium. These following tips will help you save money on your premium.

1. Increase Your Deductible

According to Upside Insurance Greenville, homeowners can increase their deductible if they think they won’t have any significant loss in the future. By reducing your insurance carrier’s risk, you will be able to reduce your premium. However, this means that you will increase your own risk, though you will be paying less for your annual premium.

2. Invest in a New Roof

In certain states, you can reduce your premium by investing in a new roof. When a new roof is installed, you’ll be able to reduce the amount of risk the insurance company has to take on. With older roofs, there is an increased risk of leaks, loose shingles, as well as storm damage due to the weakened state of the older rood. If you are considering getting a new roof to reduce your insurance premium, be sure to contact your insurance carrier to see if the new roof will actually reduce your payment.

3. Consider an Impact-Resistant Roof

States that are a considered to be a part of the hail belt can a enjoy reductions in their insurance premiums when they install impact-resistant roof products. These products help to protect the roof against hail and similar precipitation, allowing the insurance provider to reduce their risk.

4. Bundle and Shop Around for Policies

Bundling policies will help you save more. If you can bundle your insurance policies with the same provider, you will be able to reduce your homeowner insurance premium. This is because you reduce your cost per policy as well as provide your insurance carrier with a complete insurance loss history by using them for all of your policies.

Becoming a homeowner doesn’t have to break your bank, and neither does paying for insurance. By using these four tips to reduce your home owner’s insurance premiums, you will be able to save your money for all the other expenses that the joy of home ownership brings.

How to Prepare for a Cross Country Move on a Budget

Planning a move out of state takes a lot of time and effort– particularly if you’re on a budget. From packing and shipping, all of your belongings to making a living and working arrangements in another city, preparing for this major life change can be particularly challenging. Thankfully, with a solid cross country moving plan and money-saving tips, you’ll be able to handle the long distance move as easily as possible.

Making the Cross Country Move

Moving is a hassle no matter how much planning is involved. To make sure this process goes as smoothly as possible, it’s best to stick to a clear plan. If you’re planning to move cross-country and looking for ways to save the most money, read on.

1. Give Yourself Plenty of Time for Moving Across Country

When it comes to moving, you’ll always need more time than you thought. For anyone moving to another state, it is recommended that you give yourself between 12 and 16 weeks to prepare. To make the most of your time, be sure that you have a well thought out schedule, including any details you may think of.

2. Develop a Cross Country Moving Budget

Before you get begin buying moving supplies, you’ll want to come up with a budget that covers everything you’ll need for the move. This budget should cover packing supplies, transportation, and movers if you choose to hire them. Be sure to do your research to find the most affordable moving trucks, supplies, and more. You can save a lot of money on supplies if you reuse boxes instead of buying brand new ones. Don’t forget to include the items you will need to purchase when you get to your new home as well as the purchases you will need to make as you travel.

3. Decide How to Move Cross Country

Making a long-distance move requires a definite mode of transportation. Whether you’re buying plane tickets or driving a moving truck yourself, you’ll need to consider how you will get you, your family, and your belongings to your new home. With a long-distance move, you may find it more affordable to do everything yourself, though it will be incredibly time-consuming. Alternatively, you could shop for cheap rates on cross-country moving companies and compare those prices with the cost of a moving truck.

To save the most money, ask friends and family to help you pack boxes and bags. On moving day, find the most cost-efficient company to rent your moving truck from. Ideally, you may be able to fit ut everything into your vehicle. Then, be sure to plan out how long it will take you to travel to your destination. Be sure to account for the hours of sleep you will need as well as meals and gas.

Making a move to another state isn’t easy or fast, but it can be done affordably with the right planning. Follow these three suggestions to ensure your move goes as smoothly as possible. With a little help and a lot of preparation, you’ll be ready when moving day arrives.

Eureka Insurance

Though we may have the name Eureka Insurance, we’re about so much more than just insurance! At Eureka, you’ll find a blog that’s chock full of information on personal finance and living topics – from how to save money to buy your first home, to tips for hiring a moving company, to advice on finding a defensive driving course to cut down on your insurance rates. Our financial experts are here to help you make sound decisions about your finances, to protect your family and assets, and to help provide you with a more secure future.