Comments on: How to Save Money on Homeowners Insurance http://www.fivecentnickel.com/2009/08/31/how-to-save-money-on-homeowners-insurance/ personal finance tips, tricks, and commentary Tue, 14 Feb 2012 00:06:17 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: David http://www.fivecentnickel.com/2009/08/31/how-to-save-money-on-homeowners-insurance/comment-page-1/#comment-200442 David Fri, 31 Dec 2010 12:24:43 +0000 http://www.fivecentnickel.com/?p=3529#comment-200442 Should you have a claim, you can save huge hassles and much time if you also prepared a comprehensive home inventory. You can do it yourself with a camera and a careful rundown of information about the major items--such as serial numbers, brand and model numbers. Once you have a loss, it's hard to remember everything to include in a claim. You may be able to have a copy of this inventory put in the file with your insurance agent, but for sure keep a copy off site somewhere--a safe deposit box or even the home of a friend or relative would work. That way, in the case of a disaster, the inventory is more likely to survive it. Should you have a claim, you can save huge hassles and much time if you also prepared a comprehensive home inventory. You can do it yourself with a camera and a careful rundown of information about the major items–such as serial numbers, brand and model numbers. Once you have a loss, it’s hard to remember everything to include in a claim. You may be able to have a copy of this inventory put in the file with your insurance agent, but for sure keep a copy off site somewhere–a safe deposit box or even the home of a friend or relative would work. That way, in the case of a disaster, the inventory is more likely to survive it.

]]> By: Alex@HomeownersInsurance.net http://www.fivecentnickel.com/2009/08/31/how-to-save-money-on-homeowners-insurance/comment-page-1/#comment-189792 Alex@HomeownersInsurance.net Wed, 10 Nov 2010 10:13:14 +0000 http://www.fivecentnickel.com/?p=3529#comment-189792 This was a great review of the common things homeowners can do to get cheaper rates on their home insurance. The only thing I'd like to add is that there are HO-3 and HO-5 policies. Generally the HO-5 insurance policies are much more comprehensive with their coverage. Some companies that offer HO-5 policies even go so far as to insure replacing the contents of your refrigerator! The HO-3 policy is basic and often considered a "fire" only policy. If you want a luxury home insurance provider, you'll pay even more than you would with a normal HO-5. This was a great review of the common things homeowners can do to get cheaper rates on their home insurance. The only thing I’d like to add is that there are HO-3 and HO-5 policies. Generally the HO-5 insurance policies are much more comprehensive with their coverage. Some companies that offer HO-5 policies even go so far as to insure replacing the contents of your refrigerator! The HO-3 policy is basic and often considered a “fire” only policy. If you want a luxury home insurance provider, you’ll pay even more than you would with a normal HO-5.

]]> By: Insurance Article http://www.fivecentnickel.com/2009/08/31/how-to-save-money-on-homeowners-insurance/comment-page-1/#comment-146951 Insurance Article Mon, 22 Mar 2010 18:18:51 +0000 http://www.fivecentnickel.com/?p=3529#comment-146951 I've noticed some nice discounts come out of haing a security system. The more advanced the system the better the discount for example one that contacts a monitoring company will reduce the rates more than one that doesn't. I’ve noticed some nice discounts come out of haing a security system. The more advanced the system the better the discount for example one that contacts a monitoring company will reduce the rates more than one that doesn’t.

]]> By: Niche Topics http://www.fivecentnickel.com/2009/08/31/how-to-save-money-on-homeowners-insurance/comment-page-1/#comment-136379 Niche Topics Mon, 16 Nov 2009 12:22:22 +0000 http://www.fivecentnickel.com/?p=3529#comment-136379 Great tips, thanks!Here's one to the list -- Quit smoking. A smoking household pay more since there's an increased risk for a potential household fire. Great tips, thanks!Here’s one to the list — Quit smoking. A smoking household pay more since there’s an increased risk for a potential household fire.

]]> By: financia http://www.fivecentnickel.com/2009/08/31/how-to-save-money-on-homeowners-insurance/comment-page-1/#comment-134587 financia Tue, 01 Sep 2009 16:52:44 +0000 http://www.fivecentnickel.com/?p=3529#comment-134587 Some good advice here! I added a security system to our home last year and the insurance savings is the same as the monthly alarm service charge. So we are breaking even and adding some extra peace of mind - not a bad deal if you ask me! Some good advice here!

I added a security system to our home last year and the insurance savings is the same as the monthly alarm service charge.

So we are breaking even and adding some extra peace of mind – not a bad deal if you ask me!

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