Homeowners Insurance Costs are Affected By Your Home Condition

Jan. 15, 2010 - PRLog -- Chicago (InsuranceAgents.com) – Becoming a homeowner means becoming responsible for maintaining and properly protecting one of the biggest assets you will ever have. Before purchasing a home or a homeowners insurance policy, consumers should be aware of how their home’s physical appearance and location will affect their insurance rates.

http://www.insuranceagents.com/assess-risk.html

In a recent article by InsuranceAgents.com, “Homeowners Insurance: Assess Your Risk,” they discuss how there are different factors that determine your homeowners insurance rates, some are controllable and some are not, but its important to understand before you get yourself involved in a policy that you cant afford. “Older homes generally yield higher homeowners insurance because they were built with dated materials and are more susceptible to significant damage as a result of external elements. Newer homes are more attractive to insurance companies because they were built with modern materials are generally resilient to damage,” states the article. The crime rate in your neighborhood also determines how high your premium will be for your home. If the rate is high, your premium will be high due to the increased risk of damage to your home. You can save money on your premium by installing security features that will make your home safer against crime.

To find out the best way to keep your homeowners insurance rates low despite the conditions that are working against you, speak to a homeowners insurance agent today. They will ensure they are providing you with the most affordable rate for the coverage you need.

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InsuranceAgents.com provides consumers with access to insurance information including articles, quotes, and comparisons.

http://www.insuranceagents.com/homeowners-insurance/