August 8th is National Dollar Day, a holiday commemorating the day the U.S monetary system was established by Congress in 1786. You work hard for your dollars, and it is important you protect and save your money as much as possible. There are ways for you to not only protect your money but save some money when it comes to your homeowners insurance. Here are three ways you could save and protect your hard-earned dollars:
Make Sure Your Insurance Coverages are Adequate
You do not want to wait until it is time to file a claim to learn you may not have purchased enough coverage. Paying out of pocket for repairs can be quite expensive. Be sure you read through and discuss your policy coverages with your agent.
Ask About Discounts
Did you know you could be eligible for discounts on your insurance policy? If you have a fire alarm, a monitored burglar system, wind mitigation credits, and have made improvements to your home. Be sure to speak with your agent to see if you qualify for these or other discounts which may be available.
Purchase Additional Insurance/Increased Limits
Homeowner's insurance may cover damages to personal property like clothes, furniture, and additional living expenses, should you need to move temporarily while your home is being repaired. However, it may not provide coverage for cash should it become damaged or stolen. To be protected, you may need to purchase specific coverage to insure a certain amount of cash. Edison Insurance Company offers such coverage with a limit on cash up to $200 and it may be increased to $500 with one of our Premium Packages.
We have taken a bright and innovative approach to Florida homeowners insurance with coverage options allowing you to customize a policy to best fit your needs. Our top priority is the safety of you and your family. To learn more about Edison Insurance Company, or to get a personalized quote, call us at (866) 568-8922.