The first step is to review the replacement cost calculation of your home with your agent. Not having the correct coverage amount can result in paying for more coverage than you need; inadequate coverage could costs you thousands of dollars if you have a claim.

There are several things you can do to lower your costs:

• Insuring your home and autos with the same company almost always results in savings on both policies of 10 to 20 percent. Renters are typically eligible for this discount as well.
• Increasing your deductible can be a good option.
• Take advantage of paid in full discounts or utilize automatic withdrawal for your premium payments to reduce or eliminate billing fees.
• Discounts are often available for alarm systems, deadbolt locks, fire extinguishers, a new roof, or updated wiring. 

Your agent is the best source for helping you find all the discounts your insurance company offers.

Some builders provide insurance until the home is completed. However, if yours does not, we can assist you in obtaining proper coverage. Theft of building materials is excluded by the standard homeowners policy, but some companies can offer a special endorsement. Before you build, discuss your construction plans with your agent so that proper coverage can be obtained

Generally, if the claim is weather-related, no. It depends on the state in which the property is located. However, rates could increase or coverage be non-renewed if there are multiple claims in the last three years or a pattern of losses over time. Had a loss? Contact your agent to discuss the possible premium impact. Additionally, let us know if you have taken extra steps to prevent similar future losses so we can notify your carrier.