Premium: The amount you pay periodically (monthly, quarterly, or annually) for your insurance policy. Premiums are the cost of your coverage. Deductible: The amount you must pay out-of-pocket before your insurance company starts covering the costs of a claim. For example, if you have a $500 deductible, you’ll need to pay the first $500 of […]
Bundling your auto and homeowners insurance can be a smart financial move, and here are a few reasons why: Discounts: Many insurance companies offer discounts (sometimes up to 20%) for bundling policies. This can result in significant savings over time. Convenience: Having both policies with the same provider simplifies managing your coverage, making it easier […]
