Insurance companies reserve their preferred rates for property owners who are claims free. Proper maintenance of your home can go a long way to avoiding claims. In addition, the following features of a policy can also keep your rates down:
- Some property insurers include a claim forgiveness feature so that your first claim is not counted.
- The minimum deductible nowadays is $1,000. Consider carrying a higher deductible of at least $1,500.
- To benefit from the best rates, in most cases it is always best to keep your home and auto insurance with the same insurer. Almost all insurers offer a package discount.
A broker at Dawson & Keenan in both Sault Ste. Marie and Wawa can help you find other ways to keep your rates low. Give us a call to find out more.