What Can I Do To Lower My Homeowners Insurance?

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    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    There are few adjustments to a homeowner’s policy that I would recommend.  If you raise the deductible there will be a decrease in premium.  That means that when you have a claim, your portion of the claim will be greater.  I recommend that you do not lower the liability limit.  A lawsuit could bankrupt you.  The only other thing that you might try is to see if other companies will charge as much to insure your home.
    Answered on June 23, 2014
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