Your homeowners insurance might cost you more this year — if it hasn’t already.
Most insurance companies are hiking rates across Georgia, largely because of last year’s destructive weather and insurance fraud, particularly roofing scams. If your premium’s going up, and you think it’s not justified, shop around.
It’s easier than you think. Start with these tips to get the best price — and value — on protecting your property:
Don’t be shy: “A lot of times when you’re speaking with an insurance agent, it’s like talking to your doctor,” says David Colmans, executive director for the Georgia Insurance Information Service, a trade association. “You hear things, but it doesn’t sink in.” Colmans advises consumers to keep asking questions until they understand their policy, saying people typically don’t realize their coverage may be lacking until they file a claim.
Shop: Harold Weston, a clinical assistant professor in risk management and insurance at Georgia State