Loiselle Insurance is a Trusted Choice Agent providing homeowners with affordable options for their homeowners insurance RI.
Your home is one of the largest financial investments that you will ever make. Therefore, it is a good idea to have adequate homeowners insurance to protect that investment. The average cost of homeowners insurance RI is roughly $1,233, which is among the top 10 most expensive in the country. What are some ways that you can reduce the cost of your policy?
Know Your Coverage Needs
The cost of your policy depends greatly on the type of coverage you need. If you live in a densely populated area on the mainland, you may want additional coverage to protect against theft. If you live closer to a bay or inlet, you may want to add protection against water or storm damage. You will also want general liability coverage as well coverage limits high enough to rebuild your home if it is seriously damaged.
Make Yourself a Lower Claim Risk
Those who can afford to do so may want to increase their deductible to save money on their yearly premium. Married couples and those who have good credit generally save money as they are thought to be more responsible and less likely to file a claim. Taking steps to secure your home such as adding deadbolt locks or a burglar alarm may also lower homeowners insurance rates.
Talk to a Trusted Choice Agent
Working with a Trusted Choice agent such as Loiselle Insurance Agency is one of the most effective ways to reduce your homeowners insurance RI. A Trusted Choice agent has access to prices and coverage options from a variety of different insurance companies in the state. This makes it easier to find a company that has the coverage that you need at a price that you can afford.
Although it is never fun paying insurance premiums, your policy will likely pay out as much if not more than what you paid in to repair any damage done to your home. In the meantime, the folks at Loiselle Insurance Agency are here to make sure that you have the peace of mind that comes with knowing you are financially protected if anything happens to your home.
As always, if you have any questions, feel free to give us a call at 401.723.8510.
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