Managing Insurance Costs

What causes insurance costs to go up?

In the past several years, there has been an increase in the number and severity of natural disasters such as tornados, severe storms, hail, and wildfires. We saw large hail and high winds this spring in Dallas, Coppell, Irving, Carrollton…practically all over North Texas. Remember the baseball size hail?

These events have driven up the cost and demand for building materials across the country. This in turn affects your homeowners policy premium since it is based in part on the cost to rebuild your home.

What can you do to manage your insurance costs?

Check with our agency to see if you can take advantage of any of the following:

• Increasing deductibles can help keep your insurance costs down.

• Auto/Home discount for insuring your vehicles with us.

• Discounts for safeguarding your home with smoke detectors, burglar alarms and fire alarms.

• Discounts for extensive updates to electric, plumbing, and heating/cooling systems.