While home insurance is not mandated by most states, your mortgage lender may require that you are properly covered in order to secure a loan. The problem is, home insurance in Sarasota, FL can be quite expensive! For this reason, many homeowners find themselves looking for ways to bring down their monthly premiums.
If you are looking to save money on your home insurance in Sarasota, FL, here are three simple ways you can do just that.
Bundle Your Coverage
You can save up to 30% on your coverage by purchasing multiple policies from the same company. For example, you can bundle your home insurance and auto insurance to save money and cut down on paperwork.
Raise Your Deductible
The higher your deductible, the lower your monthly premium will be. Going from a $500 deductible to a $1000 deductible can help you save up to 25% on your monthly premium. If you want to save even more, opt for a higher premium. However, be sure to weigh the pros and cons of this option. If your deductible is too high, you may end up paying more out of pocket than you anticipated.
Make Home Improvements
Something as simple as adding a security system in your home can help you save up to 6% or more on your monthly premium. That goes up to 35% if you replace your existing roof with an impact-resistant one!
If you are looking for the best home insurance in Sarasota, FL, contact iInsure by visiting iinsurenow.com today.