When selecting home insurance in Ann Arbor, MI, there are several things to factor in. These policies cover everything from traditional brick-and-mortar houses to mobile homes. Some conditions that affect the policy are location, the building itself, and the extra features.
Location
The insurer will want to know the exact property location. A policy may cost more if the home, outbuildings, or land is in a high-risk area. One example of a high-risk area is a flood zone.
Structure
Some buildings are easier to insure than others. The insurance company will factor in the exterior building materials, like the roofing shingles and siding, and the age of the home. The company will also note the source of heat and if there is a fireplace.
Beneficial Features
There are things an owner can do to lower their bill. Consider installing an alarm system along with deadbolts. When it comes to safety features, every house should have ample smoke detectors, and some regions require CO detectors. A fire suppression system will save you money, and weatherproofing may also reduce your bill. Some things that can increase your rate are swimming pools, trampolines, and certain breeds of dogs.
Discounts
You may get a discount or reduced payment if you bundle your auto and home insurance in Ann Arbor, MI. Talk to your agent about raising your deductible. This financial move can lower your premium, but if a claim arises, you will need to use more of your own cash before the insurance kicks in.
For more in-depth details about home insurance in Ann Arbor, MI, visit Kemner Iott Benz at kemneriottbenz.com.
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