GET SMART WITH YOUR...Homeowners Insurance

10/22/2019 GETSMART

Every week, we give you tips on how to get the most value you can out of your insurance policies, from homeowners to auto to investment properties. Click to read a quick tip about maximizing the value of your homeowners insurance!

Here's one way to GET SMART about your home insurance: Don't file unnecessary claims!

Especially if you’re thinking of buying a house within the next 3 years, don’t file a claim with your homeowners insurance unless absolutely necessary. Your insurance premium and eligibility for a standard homeowners insurance policy are both dependent on your claims history, among several other factors. Your claim history follows you wherever you go; it could damage your ability to get preferred rates, or cost you thousands in the long run.