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Personal Finance (Not Investing) • Homeowner’s insurance renewal

Our renewal homeowners premium was increasing from $2,500 to $3,600, annual. Farmer’s insurance has our 2 cars so I asked them to quote on the home, and they had a higher deductible, equal to 5% of the value, and the premium dropped down to only $1,000 a year total. They also gave us a $500 additional premium credit on the auto policies.

Very pleased with the savings.

Statistics: Posted by Dave5280 — Wed Aug 07, 2024 8:19 pm — Replies 2 — Views 508



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