If they [homeowners] have repossessions, collection items, judgments, late payments, and bankruptcies in the last five years of their credit history, they will pay more for insurance, and may even be denied.
Austin, TX (PRWEB) January 10, 2012
Homes.org has published a list of the top things homeowners can do to lower the cost of home insurance. The list was created using with the help of Eustace L. Greaves Jr., licensed insurance agent and broker/owner of Greaves Financial Services & The Bridge Insurance Agency. While there are things that homeowners can do to ensure they get the best rate possible, Greaves did point out that “most companies premiums for policies proposing the same coverages and policy forms are usually within $50.00 to $100.00 of each other.”
Among the top things Greaves cites as big factors in the cost of your home insurance is, "credit score and history. If they [homeowners] have repossessions, collection items, judgments, late payments, and bankruptcies in the last five years of their credit history, they will pay more for insurance, and may even be denied."
Top 9 Things That Can Lower the Cost of Your Home Insurance Homeowners can really impact the price they pay for coverage by:
- Improving their credit score and history
- Being a new homeowner
- Purchasing a brand new home
- Having a burglar and/or fire alarm system installed
- Combining auto insurance with home insurance
- Getting a Personal Umbrella Liability policy
- Opting for a higher deductible
- Choosing a home that’s constructed of more durable materials
To view more information on how the above points can lower your home insurance costs, search for new home listings or find real estate agents in your area, please visit: Homes.org
Homes.org is a fast growing real estate search portal that offers users much more than MLS listings. Homes.org gives users access to a rich collection of resources, including but not limited to, real estate listings, home owner finance tools and home service tools. Homes.org brings buyers, sellers and renters important information about the current markets and intelligent tools by partnering with real estate professionals from around the country. Homes.org is a subsidiary of Star Nine Ventures, Inc. headquartered in Austin, TX.
About Star Nine Ventures®
Star Nine Ventures® is an Austin-based, marketing-driven venture creation company targeting a wide range of national business-to-consumer online marketplaces. Star Nine's core mission is to build businesses that provide exemplary consumer experiences and unparalleled customer service.
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