Here are a few tips and tricks for saving money
on your Homeowner’s Insurance Policy. 

Do Your Research

A smart consumer will request several quotes and shop around for the best deal on their homeowner’s insurance policy. Talking with independent agents is always a good method for getting a good understanding of what constitutes the best deal taking coverage and cost into consideration. But you should also look for any discounts you can: many memberships come with insurance discounts, even wholesale club memberships like Costco and Sam’s Club.

Update Your Home

If you own or are purchasing an older home especially, talk with an agent about what modern upgrades will affect your premiums. You can make some changes that make your home safer and also save you money every month!

Brush Up on the Lingo

Sometimes, consumers choose a slightly cheaper option without knowing the real cost of the compromise in coverage. For example, consider the way your policy handles a payout. Actual Cash Value will save you a little money on your premium, but should something happen, you may find this payout inadequate. 

This is because Actual Cash Value payouts are based entirely on the current worth of the home and contents insured. In contrast, Replacement Cost will payout based on the current cost to rebuild or purchase the home and contents. This can mean a stark contrast in what your payout looks like and greatly affect your ability to recover from a disaster. 

Consider A Higher Deductible

As with any type of insurance, you can expect to lower your premium by raising your deductible. You have to consider whether this option is the best fit for you, because raising your deductible will put more financial responsibility on you than sticking with a lower deductible. Speak with an agent about how much you feel comfortable with raising your deductible up to and see how it affects your annual premium.

Add an Umbrella Policy

Although adding an additional policy made seem counter-intuitive when it comes to saving money, an umbrella policy can add extra protections that save you significant money in the future. Should you face any liability litigation, that exceeds your homeowner’s policy, you are personally and financially responsible for those costs. If you don’t have the funds available, you could be looking at wage garnishments or worse. An Umbrella policy is quite inexpensive to add and the protections it provides are more than worth it.

The post Tips and Tricks for Saving $$$ on Your Homeowner’s Insurance Policy first appeared on Statewide Insurance Agency.

Considering the winter we’ve just been through (and some would say it’s not quite over), nearly everyone is breathing a sigh of relief now that Spring is here! Warmer months DO bring less severe road and driving conditions. However, there are stillvehicle maintenance, insurance, and driving tips that can save time, money, and even lives.

 
For starters, don’t jump the gun at the first sign of warm weather. Water on roadways can freeze at night long after the last snowfall—especially at high altitudes and in far northern climes. If you drive on winter tires, a good piece of advice, according to reliable sources, is to wait till temperatures stay above 45-degrees (F) before shedding snow tires for good.
 
But you shouldn’t wait on ALL things. For example, check your tires and windshield wiper blades before spring rains start to fall to be sure that they’re up to their respective tasks. For tires, the penny test should tell you whether you’ve got enough tread depth to clear away water. And to ensure good visibility in a wide range of conditions, be sure to check windshield wiper blades and replace them if they’re worn, or leave streaks.
 
And as weather turns from temperate to downright hot, perform routine checks and maintenance on the stuff that keeps the “hot side hot and the cool side cool,” such as radiators and cooling systems; batteries and electrical systems; and air conditioning.  

Watch and Learn:
A “Hole” lot of useful information on potholes and insurance: 

The post “Boii-oiii-oiiii-nnnng” first appeared on Statewide Insurance Agency.

• Activities that take drivers’ attention off the road, including talking or texting on mobile devices, eating, conversing with passengers and other distractions, are a major safety threat.

• In 2014, 3,179 people died in distraction-affected crashes, based on National Highway Traffic Safety Administration (NHTSA) criteria.

• The number of state legislatures passing measures that address the problem of driver distractions continues to rise. Fourteen states and the District of Columbia ban the use of hand-held cellphones while driving; 46 states and the District of Columbia have banned the practice of texting while driving.

• A 2012 Consumer Reports survey found that 71 percent of respondents cut back on texting, talking on a handheld phone or using a smartphone while driving in the previous year. Over 50 percent of them said they were influenced to change their behavior because of state laws, up from 44 percent in a survey conducted in 2011.

The post April Is Distracted Drivers Awareness Month first appeared on Statewide Insurance Agency.

The post 2016 TOP SAFETY PICK+ first appeared on Statewide Insurance Agency.

The post OKstatewide Issues 2016 Rate Forecast for Oklahoma Car Insurance first appeared on Statewide Insurance Agency.