Do you own a place or rental property? If you do, here are some concepts that can save you a big bunch of money, starting today. Perhaps your coverage payment is included in your mortgage payment and as the years went by you started to ignore how much you were paying. You could not even know what is covered or how much you can have to pay out of pocket for your deductible if you have damage.
Maybe when you bought your house your real estate person or builder referred you to an coverage company that shoehorned your policy onto your mortgage payment without going over the policy. Do you remember? If you do not, it is time to pick up the phone to make sure you have exactly what you want in coverage, not what your insurance company wants to sell you. You could save hundreds of dollars a year just by getting some information. Here are some points to consider in fine tuning your policy: Raising your deductible by a few thousand dollars will lower your policy payment considerably.