Homeowners Insurance in Phoenix, Arizona: 4 Steps to Lower Rates
1. If you can buy a general insurance policy and then reduce your homeowners liability coverage, you will save a lot. The added advantage here is that while you will pay much less, you will also get much better coverage.
You buy liability coverage to make sure you don’t incur losses due to injury to someone on your property. Also, if a lawsuit results from such an injury, you also deal with it.
But like all things in insurance, there is a limit to the amount that is covered and your owner’s liability coverage may even be totally inadequate. On the other hand, a blanket insurance policy generally offers huge coverage limits that can usually settle the craziest claims for very negligible premiums.
2. Dog bites account for approximately 33% of all liability claims and cost insurance companies more than $ 1 billion annually. Dog owners, therefore, should expect higher rates. However, keeping your dogs in a place where they cannot do harm will make you pay less for home insurance.
3. If you want a discount, get your Phoenix, Arizona home insurance policy from the same insurer that you bought your other policies from. Insurers have a multi-policy discount to encourage you to buy other policies.
However, it may not be in your interest to do this, as you may be better off buying each of your policies from different insurers.
4. I recommend that you obtain and compare quotes from no fewer than three quote sites, as this will ensure that you don’t miss out on better quotes not submitted by other sites. This gives you a broader base for better comparisons, thus increasing your chances of getting better quotes.
