Whether you're self-employed or an employee, working from home is now a necessity due to COVID-19. You might be wondering how coronavirus will affect your financial matters, such as homeowner’s insurance. Here are some tips that you need to know about homeowners insurance during the pandemic.
Know the Possible Rate Changes in Home Insurance Premiums
During the pandemic, people are often at home for precautionary measures. The more people stay at home, the lesser the risk of unattended home accidents like:
Shop For a New Policy
While staying at home, seize the time to check the status of your insurance policy. Make some time to assess whether your current insurance is still the best possible price. Some recommendations by your former real estate agent might not be the best-priced policy for you. It's better to double-check everything while you have a lot of time at home.
Upgrade Your Home’s Safety and Security
Start investing in things that can make your home safer than before to lessen home accidents. Upgrade your home security systems and purchase detection devices like water leak detectors and fire alarms. These upgrades can make you eligible for insurance discounts and can even make your home a safer haven for your family.
Know about Insurance Bundles and Discounts
One way to save money on insurance premiums is insurance bundles. You can pair your homeowner’s insurance with other policies, like auto insurance. Do not hesitate to ask about discounts when you get a quote. You can also try asking for loyalty discounts from your long-time insurance provider.
Conclusion
There is still no assurance on how this pandemic will end, so it's better to make time on investing for your family's safety. Homeowners insurance can be more useful and less expensive by knowing the essential tips on how you can reduce your liabilities and fees. Contact your home insurance provider and see if you can adjust the coverage terms as necessary.
At Meyerson-Roth Co Inc., we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (516) 432-5800. You can also request a free quote by CLICKING HERE.
During the pandemic, people are often at home for precautionary measures. The more people stay at home, the lesser the risk of unattended home accidents like:
- Break-ins and burglaries;
- Bursting pipes; and
- Liabilities by visitors.
Shop For a New Policy
While staying at home, seize the time to check the status of your insurance policy. Make some time to assess whether your current insurance is still the best possible price. Some recommendations by your former real estate agent might not be the best-priced policy for you. It's better to double-check everything while you have a lot of time at home.
Upgrade Your Home’s Safety and Security
Start investing in things that can make your home safer than before to lessen home accidents. Upgrade your home security systems and purchase detection devices like water leak detectors and fire alarms. These upgrades can make you eligible for insurance discounts and can even make your home a safer haven for your family.
Know about Insurance Bundles and Discounts
One way to save money on insurance premiums is insurance bundles. You can pair your homeowner’s insurance with other policies, like auto insurance. Do not hesitate to ask about discounts when you get a quote. You can also try asking for loyalty discounts from your long-time insurance provider.
Conclusion
There is still no assurance on how this pandemic will end, so it's better to make time on investing for your family's safety. Homeowners insurance can be more useful and less expensive by knowing the essential tips on how you can reduce your liabilities and fees. Contact your home insurance provider and see if you can adjust the coverage terms as necessary.
At Meyerson-Roth Co Inc., we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (516) 432-5800. You can also request a free quote by CLICKING HERE.
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