The Basics Of Insurance

When you operate a business from your home, you need to know if it is covered under your homeowners insurance policy. Click for more.

The Basics Of Insurance

The Basics Of Insurance

7 September 2021
Insurance, Blog

You should learn more about the importance of insurance if you aren't covering some of the things you should be having insured. In the information below is more on the importance of insurance and other facts on it.

Insurance companies usually offer many discounts

No matter what type of insurance you are getting quotes for, you want to make sure you are getting all of the discounts possible. Below are some examples of different discounts you may be eligible for.

Auto insurance 

When getting quotes for auto insurance you may be able to obtain discounts for these things: 

  • You have a good driving record
  • You have a car that is in the low-risk category
  • You don't do a lot of driving
  • You live in an area that's also considered to be low-risk
  • You keep your car in the garage
  • You have an alarm 
  • You bundle your policies

Homeowners insurance 

When you are getting quotes for homeowners insurance, you might be able to bring down the price of the policy with the following: 

  • Have a new roof installed
  • Have storm shutters installed
  • Have your home retrofitted for earthquakes
  • Update your older plumbing, electrical, and HVAC systems
  • Have an alarm system installed in your home
  • Have deadbolt locks installed on all doors to the exterior
  • Bundle your policies

Renters insurance 

When you are getting quotes for renters insurance, you may find that you can get discounts for some of these reasons: 

  • Certain lifestyle discounts, such as for being a non-smoker
  • Renting a home with many of the features listed above, such as storm shutters, a security system, etc.
  • Bundling your policies

Why insurance is so important

While you may not like the idea of having to pay for insurance for so many things in your life, this is still something that you should consider to be more of a necessity rather than being optional. The amount you pay out for insurance will be much less than what you would have to pay out if you ended up with something serious happening, such as a car accident, a fire in your home, a flood from a broken pipe, or any other number of issues that can happen when you least expect. There are also a lot of other types of insurance available that you should consider. For example, traveler's insurance is a good idea if you will be traveling.

Contact a local insurance agency to learn more.

About Me
your home business and homeowners insurance

When you operate a business from your home, you enjoy the benefit of not having to commute to a busy office every single day. One thing that you may not have considered is whether your home business is covered under your current homeowners insurance policy. If you have expensive equipment, inventory and files stored in your home, you may need to add a rider to your insurance policy to ensure that you are covered. Find out more about how a home business can impact your homeowners insurance policy and whether or not you are protected as your policy stands today.