How Many Homeowner Insurance Quotes Do I Need To Save Money?Written by Tim Gorman
Homeowner insurance quotes can vary in amount they cost you based on a variety of factors – many that you can control. There are of course some variables that are common among all house insurance policies. They include size of your house in total square feet, building costs in area that your property resides in, materials used to construct your home, amount of crime in and around your neighborhood and condition of your home’s plumbing, heating and electrical wiring. Do you live in an area that has numerous natural disasters such as fire, floods or tornados? If so they can add to insurance costs. There are numerous ways to mitigate cost of your insurance before you even decide to get homeowner insurance quotes. They include raising your deductible, buying from same insurance company that currently provides you auto insurance, discounts for security devices and by making your house more disaster resistant. However biggest way to lower your total cost is to get multiple homeowner insurance quotes. The question that usually pops into a consumers mind is how many quotes are needed in order to make a decision. The truth is it could be as low as one quote if you feel comfortable with that first initial quote. As a homeowner myself I can tell you that I prefer to have at least three different homeowner insurance quotes from different providers with five or more quotes being about right. Before Internet came along this may have been very time consuming and frustrating. Now it can be as simple as visiting one of many websites that deal with home insurance, plug in some information and wait to see how many quotes are provided back to you. You could do this with five different insurance companies and receive upwards of fifteen or more homeowner insurance quotes very quickly and easily.
| | What is Term Life Insurance?Written by Tim Gorman
There are two different types of life insurance, term life insurance and permanent life insurance. Term life insurance is easier of two plans. This plan supplies you with death protection for a pre-determined amount of time, anywhere from one to 30 years. If you happen to die while paying on this type of policy your beneficiary will be paid amount of money you specified when purchasing policy. If at end of term you are still living your death protection coverage will cease unless of course you renew policy. You can purchase this policy on a minimum budget and it is particularly perfect for providing coverage while your children are still in home or while paying off a mortgage or other large loans. This plan is merely a “quick fix.” It is similar to leasing a vehicle. You pay a lower cost for privilege of driving car knowing you will return it after a short period of time. However, just like when leasing a vehicle there is an option to buy. If you are purchasing term life insurance because you need protection now but can’t afford higher payments of permanent protection in most cases you can switch your plan over to permanent protection when your situation changes (be sure to verify this before purchasing any policy). You can also look at term life insurance as an efficient means of protecting your family while using your remaining finances for savings or other investments. Although this type of coverage is less expensive than permanent life insurance your premiums will increase at renewal periods as you grow older. Normally at renewal periods you will also be required to obtain a physical in order to qualify for lowest rates.
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