While visiting with some friends last weekend one of our discussions centered around the cost of homeowners insurance. My friend has a significantly lower annual premium compared to ours premium so I decided to begin reviewing my policy and shopping to compare my rate.
In my research I found a website that caught my attention because it is to the point and the author seems very knowledgeable.
http://www.castlerockagency.com/how-much-should-i-insure-my-home-for.html
If you're like us, you probably rushed around to insure the property as part of the financing closing process and you may not have looked at your policy or the premium since then. We think that is a mistake and that we should review our policy as part of an annual review process.
We'll keep you posted on our findings and hopefully our savings!
Mar 29, 2009
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