Too many consumers think of getting a home insurance quote as a one-and-done proposition. Buy a home, find an agent, sign the papers - done. The problem with that approach to home insurance is that the insurance market is anything but static. Not only do home insurance rates rise and fall month to month, state to state, and vary from provider to provider, but your insurance needs change over time, as well. That said, if you want to get the best rates possible, and keep your insurance coverage up to date with your current needs, one of the best resources available to you is soliciting an online home insurance quote.
Home Insurance Rates are Not Set in Stone
One of the biggest misconceptions about home insurance is that homeowners insurance rates are more or less fixed, and that different providers offer consistently competitive rates across the board. In fact, quite the opposite is true. Home insurance rates are always on the move.
Annual and Monthly Insurance Rates: Take average national home insurance rates, for example. While data from the Insurance Information Institute (III) does indicate that home insurance rates have risen, on average, about 6.75% per year over the last decade, month to month statistics show a much different story. According to Homeinsurance.com, the national average for home insurance jumped by nearly $100 per year from June to July of 2009, and actually dropped a few points between September and October, and again from November to December, ending up at $690.62 per policy. Keeping up with these fluctuations by periodically soliciting free home insurance quotes can mean big savings if you're able to re-negotiate your rates or switch to a new provider when rates are low.
Home Insurance Rates are Not Set in Stone
One of the biggest misconceptions about home insurance is that homeowners insurance rates are more or less fixed, and that different providers offer consistently competitive rates across the board. In fact, quite the opposite is true. Home insurance rates are always on the move.
Annual and Monthly Insurance Rates: Take average national home insurance rates, for example. While data from the Insurance Information Institute (III) does indicate that home insurance rates have risen, on average, about 6.75% per year over the last decade, month to month statistics show a much different story. According to Homeinsurance.com, the national average for home insurance jumped by nearly $100 per year from June to July of 2009, and actually dropped a few points between September and October, and again from November to December, ending up at $690.62 per policy. Keeping up with these fluctuations by periodically soliciting free home insurance quotes can mean big savings if you're able to re-negotiate your rates or switch to a new provider when rates are low.
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