The Ellis Insurance Tune-up(SM) strategy has long recommended increasing deductibles. Today insurance industry research was released showing that, on average, one home insurance claim triggers a 9% premium increase; the second claim triggers an average increase of 20%... So, check your policy. If you are paying for a $500 deductible, increase it and reduce your premiums today. The typical savings are $100+ annually. While you are at it, get ready for winter storms and check the Dwelling A limit on your home policy - 2 out of 3 homes are under-insured. (tinyurl/okx5ajs)
Posted on: Mon, 20 Oct 2014 13:20:17 +0000
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