Start Comparing Rates within Minutes!
Start Comparing Rates within Minutes and you could save!
Compare Rates Within Minutes!
- Complete 1 short quote form
- Compare rates from top insurers
- Save time & money!
Keep track of your home insurance premiums to make sure better rates are not availablePosted On Thu, December 31, 2009
Consumers should be more proactive in monitoring their homeowners insurance plans as average premiums continue to rise in many areas across the country, as doing so could eventually lead to lower rates.
According to a recent poll from AngiesList.com, 47 percent of respondents said their home insurance premiums rose in 2009, Kansas City NBC affiliate KSHB-TV reported. The survey also found that nearly one-third of respondents said their premiums had increased anywhere from 11 to 20 percent.
Angie Hicks - the founder of the website - said that as premiums continued to rise homeowners should take a look at their plan to see where any changes occurred instead of overlooking them.
"A lot of us just let this go on autopilot," said Hicks, according to KSHB-TV. "It's rolled into our mortgage - we don’t think about it. But we should be reviewing it with our agent each year because if we've made improvements to the house, those need to be accounted for.
She added that while reviewing a home insurance policy, families may also find it opportune to take a look around for better plans.
"You might find you can get better rates with another company so it's important to stay competitive in the market," she said.
Feedback or questions? Email the editor here.