There are many factors that may affect home insurance rates. The following are the most common:
- Types of Construction
Frame houses usually cost more to insure that brick houses.
- Age of House
New homes may qualify for discounts. Some insurance companies may not insure very old homes or may offer a limited form of coverage.
- Local Fire Protection
Your home's distance from a fire hydrant and the accessibility of your home to your local fire department determines the fire protection classification.
- Amount of Coverage
The amount of coverage you buy for your house, contents, and personal liability will affect the price you pay.
- Deductible Amount
Your choice of a higher deductible will reduce the price for home insurance.
Insurers may offer lower prices for such things as insuring your home and car with the same company and installing dead bolt locks or alarm systems.
Speak to an Experienced Insurance Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified insurance lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local insurance attorney to discuss your specific legal situation.