Every week, we give you tips on how to get the most value you can out of your insurance policies, from homeowners to auto to investment properties. Click to read a quick tip about maximizing the value of your homeowners insurance!
Here's one way to GET SMART about your home insurance: Don't file unnecessary claims!
Especially if you’re thinking of buying a house within the next 3 years, don’t file a claim with your homeowners insurance unless absolutely necessary. Your insurance premium and eligibility for a standard homeowners insurance policy are both dependent on your claims history, among several other factors. Your claim history follows you wherever you go; it could damage your ability to get preferred rates, or cost you thousands in the long run.