Top Strategies to Maximize New Bedford Homeowners Insurance

Whenever you turn on the television, it is likely that you will see several commercials vying for your attention with advice on how to lower your cost for home insurance in Massachusetts. The solution that these companies typically have to offer is switching from your current provider. However, the best type of New Bedford homeowners insurance is a policy that protects you and your investment. While many basic coverage options work to primarily protect the lender or mortgage holder in the event of a loss, you need to work with an insurance agency in New Bedford that has your best interests in mind. Borden Insurance Agency has proudly served the local Southcoast communities since 1909. We understand the needs of our clients because we work and live here, too. When you sit down with a New Bedford insurance agent to discuss your needs, we will talk about your goals, concerns, and address issues that most of these national solutions will never even consider.

Strategy #1 – Shop Around for Discounts

While saving money is important to most homeowners, it is also essential to ensure that your home insurance in Massachusetts addresses local risks and covers those things that matter most. At Borden Insurance Agency, our goal is to provide each customer with comprehensive insurance solutions that are uniquely designed to protect the things that they value most in life. Protecting your home, family, and future should be at the tp of the list. This is why we take time to listen to your insurance questions, address your individual needs, and look for options that will provide you with the best possible results. We don’t work with just one insurance provider, but tap into a cache of trusted companies, to maximize the return on investment for our clients. You don’t have to waste your time shopping around to get the best price and coverage – Borden Insurance Agency in New Bedford can do it for you.

Strategy #2 – Raise the Deductible

This is another strategy employed by many companies that offer home insurance in Massachusetts. The standard deductible for home insurance is $500, which is the amount of money that you would have to pay out of pocket before any policy coverage kicks in for an approved claim. Increasing your deductible to $1,000 can reduce your monthly premium cost, but it will mean that you now need to pay $1,000 out of pocket before the insurance provider pays a single penny. If you feel that you can afford the $1,000 or if you have a savings account set aside that will help you to afford this cost, then it might be in your best interest to raise the deductible. However, if you don’t think that $1,000 is feasible for you to have to pay, especially if you live in a disaster-prone or high-risk area, this amount might be too high. Speak with your New Bedford insurance agent to discuss your options and choose a deductible rate that is right for you.

Strategy #3 – Learn How Insurance Works

Unlike those cut-rate insurance companies that have outsourced customer service agents from another country or don’t have time to talk with clients, Borden Insurance Agency in New Bedford makes time to answer all of your questions and explain how home insurance in Massachusetts works. It is essential to understand the difference between rebuilding costs and current home values, appreciate the importance of regularly updating household information to ensure proper coverage, and know why home and auto policy savings is extended to Massachusetts homeowners. While you might not need to know all the ins and outs of liability versus comprehensive coverage options, there are certain things that will help you to understand the value of quality New Bedford homeowners insurance that will ensure that you make a more informed decision when it comes to your policy.

Strategy #4 – Invest in Safeguarding Your Home

One thing those TV commercial insurance agencies won’t tell you is that you have the power to reduce risk, lower monthly premiums, and improve the value of your home in a way that does not involve any New Bedford homeowners insurance service. The more that you can do as a homeowner to make your home more resistant to disaster, such as maintaining landscaping to reduce the risk of a tree falling through your roof, modernizing plumbing to eliminate many issues that can result in flooding, or upgrade the electrical system to minimize fire risk, the lower your insurance costs will be. This is why it is so important to contact your New Bedford insurance agent any time you make home improvements. We will note that you upgraded from laminate to granite countertops, so your payout on a claim will reflect the higher cost materials, but we will also reduce risk whenever you put on a new roof, add storm shutters, or modernize essential home systems.

Contact Borden Insurance Agency in New Bedford

If you are ready to make significant changes to the way that you approach home insurance in Massachusetts, contact a New Bedford insurance agent at Borden Insurance Agency. We can discuss your options, talk about insurance program opportunities, and find new ways to help you maximize the coverage and services that you get from your New Bedford homeowners insurance policy. Call today for a FREE quote at 508-999-3636.