Homeowners Insurance Rates Affected by Home Improvements

June 23, 2009 - PRLog -- In a recent article, USAToday.com reports that homeowners insurance rates are expected to spike by 3 percent this year. Luckily, homeowners might avoid the rate hike by reviewing tips on home improvements.

http://www.insuranceagents.com/home-improvements.html

Making improvements to their home over a homeowners insurance policy may shock some, especially considering the investment that they will have to make. And the economy comes into play, too; unemployment and the potential for job loss has many people uncertain about their future. Upgrading their home may be the last thing some people have in mind over a homeowners insurance policy.

But homeowners insurance companies agree that those who make even the smallest of improvements in to their property will likely see a reduced premium. Upgrading home security is the least expensive, yet cost effective method that a homeowner can take. For a better upgrade, installing shatterproof windows minimize the potential for injury after a storm or coincidental incidence. The most expensive for homeowners would be modernizing their piping, electrical, and heating systems, as well as their roofing. All of this will eliminate the potential for fires, floods, leaks, and other potential hazards.

Small to large improvements to a home will lower homeowners insurance premiums substantially. But time and patience is the key for homeowners to see their investment return in future years.

Staff Contribution: Brandon Clayton

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