Who doesn’t like saving money? Check out these ways your family could save on homeowners insurance!
We spoke with Pete Ducich of Farmers Insurance about ways to save on your rates and make sure you’re properly covered in case you need to file a claim. Here are his money-saving tips:
A $500 deductable is commonplace for home insurance. But raising it to $1,000 can cut your premium by 8 to 10 percent, Ducich says. The higher deductible is always a bit of a gamble, since you’ll have to pay more money upfront in the event of a claim. But it pays off if you don’t have to file.