Welcome to Steve Ellery Racing!
Reasons to Get Home Insurance
Compliance with Banks
One of the reasons that you should get a home insurance policy is that it will make you comply with the requirements set forth by your bank. Since banks are often financing the majority of the purchase price, they will want to make sure that their collateral is protected. This will mean making sure that you have a property insurance policy that will cover the replacement cost of the home. In many cases, this will also require you to have coverage that protects you from personal liability in the event someone is hurt while they are on your property.
Protection from Natural Hazards
A big reason why you should consider getting a home insurance policy is that it will provide you with protection against natural hazards. Depending on where you live, floods, tornados, wild fires, and other natural hazards can occur with some regularity. In some unfortunate situations, this can cause major damage to your home. When you have a full home insurance policy in place, you will have the financial coverage necessary to provide you with reimbursement for any costs that you receive.
Discounts on Other Policies
When you choose to purchase a home insurance policy, you will have the option of combining it with other insurance policies that you own. For example, your insurance provider will be able to combine it with your auto or personal umbrella insurance policy. By combining policies, the insurance company is able to spread the risk out across more types of insurance, which in turns allows them to offer you a discount on your entire insurance relationship.
While your home insurance policy can pay to replace or repair the home and your personal belongings, it can also be used to provide you with a certain level of personal liability coverage. When you own a property, you are responsible for anyone that comes onto your property. This means that in the event that someone is hurt while they are at your home, you could be held liable for any expenses they incur. When you have a home insurance policy, you will have the ability to purchase an additional liability insurance rider. This will provide you with coverage in the event you are sued by someone that is injured while they are visiting your home.
Tips to Cheaper Car Insurance
There are a number of tricks that can be used when you are shopping for car insurance. No one wants to pay any more than they have to, and with the following tips you can shave a good deal off of your premiums. Read on to find out what you can do to save when you purchase car insurance.
Bundle and Save
Don’t Let Your Policy Lapse
It can be a struggle to pay your car insurance sometimes. However, on-time and continuous payments will result in better coverage in just one year. You’ll see your rates drop as low as 7.7% after you have had continuous car insurance coverage for just 12 months in a row.
Be Patient Looking for Car Insurance
Searching for new car insurance is never a pastime that you wish to pursue, but the more patient you are, the better your rates may be. That is because taking the time to actually look at what a company offers in insurance, instead of just choosing the first company to get it over with, will save you cash in the long run.
Skip the Installment Plan
We know how tempting it is to pay as little as possible for your insurance policy when you sign up for it. That instalment plan looks mighty good when you are low on money, but you’ll save more if you pay your premiums off all at once with one lump payment. Not only that, you won’t have a bill every single month to deal with!
Keep Looking for Insurance
Don’t get complacent when it comes to insurance for your car. When you know your six-month premium plan is soon to be up, take the time to look at other companies. You may find a better deal with someone else, especially if your situation has changed. For example, if you have recently moved from the city to the country, your insurance rates will more than likely drop significantly. It is worth the time to check out if there is a better deal for you somewhere else.
Remember, it never hurts to ask your insurance agent or any company you are considering what you can do to save money! You work hard for it, so take the time to find the best rates possible for your needs.