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Tips for Lowering the Cost of Homeowner’s Insurance

Following a few Tips for Lowering the Cost of Homeowner’s Insurance can save you a bundle of money

Owning real estate property is something nearly everyone aspires to. That being said, being swamped under with homeowner’s insurance is something everyone can do without. While you can always talk to your local insurance agent to see what can be done about lowering your rates, there’s even more you can do to save on your insurance while still enjoying quality coverage.

Take Steps to Protect Your Home

Anything you can do to protect your home from intruders, fire, earthquakes, water damage and the like is sure to help lower the cost of your insurance. This is because a well-reinforced home is less likely to suffer damage, which means you’re less likely to have to file a claim later on down the road. While you might balk at the initial investment of making such improvements, you’re sure to appreciate how much you save in your insurance costs over the years, and there’s also the fact you can rest easy knowing your home is well-protected.

Shop Around

While you might be happy with your current insurance provider, that doesn’t mean you can’t shop around. If it’s possible for you to get the same coverage with a lower price tag by switching providers, take the leap. You might hate to part with your current agent or company, but you also probably hate parting with your hard-earned cash when you don’t have to. Right? Before you change providers, see if your current home insurance company can do anything to lower the price of your premiums without compromising your coverage.

Raise Your Deductible

Increasing your deductible is another way to better save on the overall cost of your homeowner’s policy. Know that it’s possible to lower your premium cost by as much as 25 percent if you’re willing to raise your deductible to $1,000. No matter what your deductible might be, make sure you always have quick and easy access to that amount should you ever have to file a claim. Even better, put the money in an interest-bearing account so it works for you.

Ask About Discounts

Simply asking for a discount is another way to save money on coverage for your home. If you’ve been with your insurance company for a while, you might be eligible for savings. You might also be able to bundle policies if you also need auto insurance or the like. If you’ve never filed a claim, or if it’s been several years since you’ve filed a claim, you might qualify for a discount.

Review Your Policy

Have you had your homeowner’s policy for a while? If so, your coverage needs might have changed in recent years, which means you might not need the same type or policy or need to pay the same price for your premiums. Sit down with your agent to talk about your life and lifestyle. A single conversation can reveal you have coverage on your current policy you don’t need to pay for.

Think Before You Make a Claim

In the event you have to make a claim, think before you reach out to your agent. This is because making a claim can potentially drive up your premiums, and there’s also the fact your insurance company might view you as a policyholder who’s more trouble than you’re worth if you have a history of filing a claim for an issue you can easily take care of on your own. You might not like having to take care of the cost on your own, but it’s better than developing a bad reputation in the insurance world.

Paying home insurance is a necessity, but paying more than necessary for it most certainly isn’t. Let these tips guide you to getting the coverage you and your home deserve without an inflated price you don’t need.

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3 Tips for Making Money on the Side

Feel at times as if you do not have enough money coming in to keep you comfortable?

Well, if you have that feeling, you would not be alone.

Despite how hard many work, there’s not enough money to make them feel good about their situations. As such, they scratch and claw their way through their bills each month.

If you’ve gotten to the point where you need some more money coming in, what options do you have?

Get to Work on More Income

In doing all you can to bring in added income, consider these three tips:

1. More income at work – The most logical choice would be to see if you can get more income through your current job. Now, you may have some trepidation about going to your boss and asking for a raise. That said it is important that you are getting paid for what you are worth. When the time seems to be right, sit down with your boss and discuss your current compensation. If the answer to a raise is no, do not immediately move ahead with the mindset you need out of this job. It may be a case of the money is not there at the present time to give you more funds. If you like your job, it would not be wise to quit. This is especially true if you have nothing else lined up at the moment. Sit tight and see if you could find some other ways to get the extra cash you need.

2. Cutting down your debt – Are you in a position now where it seems like debt is coming at you from various angles? If so; you need to do your best to trim the debt where you can. First, look to see if credit card debt is choking you. In the event it is, you might want to find another card to transfer to with zero interest. If that does not work, talk to your current credit card company to see if they will work with you. Often, companies would rather work with a customer than lose them altogether. If you are spending too much money on gas for your car, entertainment and more, once again see if trimming is doable. Consumers will often discover that they have been wasting money on stuff they did not need.

3. Selling some items – Last, what about holding the occasional garage or yard sale? That is one way to not only make some extra money, but also clean out your home at the same time. If that is not something you want to do, you may opt to get cash for scrap metal. Instead of throwing such materials away, why not get paid for it? From an old car to other scrap metal, make some money off of the items you no longer need in your life.

When you’re sweating each month how you are going to get by, don’t you think it is time to do something about your situation?

Although many people are struggling to get by, you do not have to be one of them.

Take some time to think about your current finances and how you can better them.

When you do, you’re going to lose a little less sleep and have some more money in your wallet or purse.

Planning a Fun Family Day Out

When was the last time your family had a fun day out?

For many families, it can be hard to schedule quality time together.

With work, school and appointments, getting everyone together is not always easy.

That said you need quality time together as a family. Without it, the group can get caught up in their own business and tend to drift away over time.

So, are you planning a fun family day out?

Some Options on the Plate

In the event you want to have a fun day together, here are only a few of the options:

  1. Day at the beach – What family doesn’t enjoy a day at the beach? Sure, there may be one or more in your group who are not too keen on sitting in the sand and soaking up the rays for a day. That said there are many ways to make this day a fun one. First, get an umbrella or two so those not wanting direct sun have some cover. Second, take enough food to keep everyone happy. You also want to think about some sports like volleyball, throwing a Frisbee and more. Of course going to the beach also means hopping in the water to get your feet wet or taking a swim. Unless someone is adamant that they do not like the sun or being around crowds, the beach should be a great getaway.
  2. Whale watching – Take it a step further and think whale watching in Newport Beach or another spot. Whale watching can be both informative and fun at the same time. Getting to see these large mammals right in front of your eyes will give you a better education of how they live. As they migrate up and down the coast, you get quite an experience. When you have kids, look at the amazement in their eyes as they see these creatures up close for the first time.
  3. Heading out for a hike – There are not too many better ways to get exercise and have fun at the same time. Going out for a family hike is one of them. Pick a trail near your home or an hour or two away. Once there, map your course so you do not have trouble getting back to your starting point. Take water, a backpack with some first aid items, a comfortable pair of shoes, and of course sunscreen. If you are on a trail that offers plants, trees, animals and more, have your camera ready to snap different shots.
  4. Going to your local park – You may not have to travel too far to find fun and relaxation. If you haven’t up to now, check out your local park. Parks can be a great place to go to relax and forget about the daily grind for a few hours. From games to sitting there and taking in all the people watching, you will likely be back again for a visit.

No matter where you go as a family for the day, make sure you have fun and forget your troubles.