Cheaper Home Insurance

Home Insurance Ratings

Best Insurance = Cheaper Home Insurance

Cheaper Home Insurance?

Are you looking for cheaper home insurance? Your average homeowner pays $50-$100 per month in premiums for a home-owner's insurance policy, depending on the price of the home being insured. This cost may seem insignificant compared to how much most of us pay for auto insurance. Because of the huge difference we pay insuring a car vs. our home, Home Owners insurance may seem like an afterthought to many of us. In my last 23 years as a home owner, I never gave much thought to shopping for cheaper home insurance. I've been insured by four different companies: State Farm, All State and California Casualty.  In each case, I saved about 5-15% on my home insurance policy by having a couple of my cars insured by the same company. In other way to save on home insurance premiums is to raise your deductible from $500 to $1000.  Sometimes, you can save as much as 25%.  The best way, though, is to simply shop for cheaper home insurance.

Besides looking for Cheaper Home Insurance, though, the most important thing you can do is choose a company that is highly rated. Thankfully, AM Best rates home insurance companies the same they do automobile insurance. You can look up an insurance company's risk factor and financial stability online at anytime. Choose a company with a high rating of integrity and security. Even better, JD Powers has provided a very useful ranking of the top Home Insurance Companies. As they did with the Car Insurance Ratings a few months back, JD Powers has ranked the top insurance carriers. Home Insurers are rated JD Powers on Five Key Factors: Insurers are ranked by JD Powers on Five Key Factors: Overall Experience, Customer Interaction, Policy Offerings, Billing & Payment, and Price. I've selected 10 of the most popular home insurance companies and posted the results below.  Amica Mutual is number one with a perfect score of 100% in all five categories. No other company comes close. In case you didn't see the article on Car Insurance Ratings; Amica won that contest too back in 2009. One thing worth mentioning: Read the rest of this entry