As a policyholder you become a member of our Great Bay Coastal Homeowners Community. Our Vision, Goals and Mission are to provide you with Superior Customer and Claims Service. Our experienced agents are committed to answering your questions, resolving any problems and assisting in settling your claims quickly, efficiently and fairly.
How To Save On Your Homeowners Insurance Price **
- Reduce or eliminate coverages that you do not need (see “Products” tab for more information regarding “Coverages”):
- COVERAGE B – Other Structures – if you do not have any outdoor structures, you probably do not need this coverage, or you may want to choose less coverage. Insurance companies will typically provide automatic coverage of 10% of your home coverage – for instance, if your home is insured for $300,000, then you will automatically have $30,000 of Coverage B – BUT you are paying for this coverage and you may not need it at all, or maybe at a lower coverage amount. Evaluate your own needs and then make a coverage selection that fits your specific situation.
- COVERAGE C – Contents – Insurance companies typically provide an automatic Coverage C amount of 50% of your home coverage (Coverage A) – for instance, if your home is insured for $300,000, then you would likely have $150,000 of contents coverage (Coverage C) – BUT you are paying for this coverage and you may not need this much coverage – evaluate what you think your contents are worth and then choose a coverage level that makes sense for you rather than what the insurance company automatically chooses for you.
- COVERAGE D — Loss of Use – If you have another residence or a place to temporarily live in case your home is damaged, you may not need to purchase this coverage (or purchase so much of it) since you can save money by choosing to temporarily live in your other residence or with family relatives or friends. Insurance companies typically provide an automatic Coverage D level of 20% of your home coverage – for instance, if your home is insured for $300,000, then you would automatically have $60,000 of coverage for “loss of use”. But you are paying for this automatic coverage amount and may not need it at all, or just a lower amount of such coverage. Evaluate your options and then choose the amount of this coverage that makes sense for your specific situation and needs.
- Select a large primary deductible — $1,500 or higher – very big price reductions as you increase your deductible selection. If you feel comfortable with a higher deductible, you can really save a lot on you annual homeowners insurance expenses!
- Choose an optional Wind Deductible – large savings if make this choice to do so for your policy – five options to choose from.
- And then choose an optional Hurricane Deductible — even more savings, with five options to choose from.
** DISCLAIMER — The above coverage descriptions are intended to be simplistic to provide basic information, but these descriptions do not constitute actual policy coverage or actual policy coverage language – please refer to you actual policy contract & actual policy endorsements, or consult with a professional insurance agent, to fully understand each of the specific coverages that you are considering purchasing or those coverages which you have on your actual insurance policy.