What factors affect my insurance rates? Insurance rates are highly personalized to fit your specific circumstances. We’ve listed some factors below, but your licensed American Home Insurance (AHI) agent will work with you to find the right coverage, terms and pricing for your individual needs. Home insurance rate factors include • The cost to rebuild your home • Building costs in your area • Type of construction materials used • Optional coverages • Likelihood of damage due to a disaster such as wildfire, wind (including hurricane) or hail • Distance to a fire hydrant and fire station • Prior claims history, including previous losses at another residence Auto insurance rate factors include • Your driving record • Zip code territory (where you live and drive most often) • Vehicle usage • Cost to repair your vehicle • Vehicle safety features • Optional programs that monitor your driving and reward you for good driving habits
Remember: The lower your homeowners insurance premiums, the lower your monthly mortgage payments!
Smart ways to save… Consider choosing a higher deductible. It can save you money on premiums and also make you less likely to file small claims. Bundle home and auto policies for a discount. In addition to saving money on premiums, having a multi-policy bundle may provide you with a Single Deductible coverage at no additional cost.
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