Finding the best insurance rate in Connecticut is as easy as making a few changes to make your home more attractive to the insurance company: First, visit the Connecticut Insurance Department to make sure the company you’re soliciting insurance from is licensed to do business in Connecticut. Secondly, check to make sure the insurance company is financially stable. To determine the financial stability, ask your agent to check the company’s AM Best rating.
You want to get your insurance from a company that is financially stable enough to be around when you need them to pay a claim. Some companies with low ratings may offer better and cheaper rates, but sometimes you get what you pay for.
Now that you’ve found that the company is licensed in Connecticut and has a stable financial rating, there are things you, as a homeowner can do to ensure you get a lower homeowners insurance rate. Here are a few tips:
1.Dog: There are certain breeds of dog that will increase your homeowner’s insurance premiums. Dogs that have a reputation for being over protective or aggressive will cause you to pay more. Your dog may be a very sweet pooch, but in the eyes of the insurance company he’s an increase in risk.
If you’re thinking of getting a dog of a particular breed, check with your insurance carrier. They might influence your dog purchasing decision.
2.Multi Line Discount: If you bundle your coverages, you will see a premium savings. In essence, if you have more than one type of insurance, i.e., automobile insurance and homeowners insurance, and place them with the same insurance company, you become eligible for a multi-line discount.
3.Shop Around: The best thing an insurance purchaser can do is shop around. The internet has made this process easier. Use your favorite search engine and search for Connecticut Insurance companies. Once you’ve submitted your insurance underwriting information to several companies, sit back, receive your premium quotes and compare.