Some California Homeowners May See Rate Hikes

A few home insurance providers are raising rates in California due to the frequent wild fires that have occurred over the past few years. Some of these providers, as reported by ABC news, include State Farm, Allstate and Farmers.

The increases that are being proposed and are pending range from 4.0 to 6.5 percent.  Since rates in California have been dropping over the past few years, this single-digit rate increase may not pose a major problem for some homeowners.  Yet, however small, an increase  is always a great time for homeowners to find ways to save.

Tips for Saving on California Home Insurance

1- Ask for quotes on all your policies- not just your home- and you may find some incredible discounts out there just by packaging your policies with one provider.

2- Ask your agent about other discounts that may be available including a home-security discount, fire alarm discount, or a new home discount.  (See a full list of homeowners insurance discounts offered by HomeInsurance.com)

3-Take a home inventory. A home inventory is a very important, yet often overlooked, resource for homeowners. Filling out a home inventory lets you see exactly what you need to insure to make sure you don’t have inadequate, or too much, coverage. (Download a home inventory now)

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