Sherzer Insurance Blog
Living alone in your beautiful condo gives you the feeling of being independent. You can now do whatever you want and make your own decisions such as what to eat or what to buy. This also means that you are going to pay for all the bills alone.
Most of the first-time condo owners choose not to buy condo insurance, after realizing that they are going to spend tons of dollars for monthly dues. You may think that it is out of your budget, and you don’t want an additional paper in your monthly bill holder, condo insurance is important, and you need it.
On the other hand, buying a policy does not mean hurting your monthly budget. Below are the four surefire ways to save on condo insurance:
Choose to Pay a Higher Deductible
If you can pay more out of pocket when something wrong happened, choosing to pay a higher deductible will lower the monthly premium of your condo insurance. Stay with the amount that you are comfortable paying and save enough money for the deductible in an account that you can access anytime an emergency arise.
Buy Multiple Policies With One Agent
Stick to one agent for all your insurance policies needs. Your insurance company will love to give you good discounts if you get your life, car, and condo insurance policies from them.
Keep Your Record Clean
Insurance agencies love low maintenance clients. If you can keep your record clean by not filing a single claim as long as possible, your condo insurance will go down. The good thing about staying in a condo is you don’t have those large appliances. Using your own money to fix the smaller problems will keep your rates lower while keeping you protected from the bigger ones.
Go for the Newer Condo
Getting a newer condo is like hitting two birds in one stone. You got to be the first owner of the place, and you can save lots of money on insurance. Since the building is new, it will take many years before it would need any major repairs. Also, the insurance company would like the fact that the structure is new. Hence, the chance of lower rates is high.
Keep in mind that condo insurance is made to save you from any possible financial troubles in case of emergency. Follow the tips above to secure your property without going broke.
At Sherzer Insurance Agency, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (239) 673-9301. Get your free quote today by CLICKING HERE.