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Tips To Compare Homeowners Insurance Policies

Your house is your most important asset, and it is the center of the family life you have. So, it only makes sense for you to want nothing but the best homeowners policy you can find to safeguard it.

Depending on your needs, you may want a policy that offers you basic protection, earthquake protection, flood protection, and liability protection.

While getting the best homeowners insurance you can get is important, it is not a good idea to spend a huge sum for the same. When searching for a home insurance policy, you must try to get the very best deal you to get the cheapest homeowners insurance possible with a reputable company. This article will help you do just that.

Comparing Insurance Deals

At the time of renewing your insurance policy, it may be a good idea to compare quotes from different insurance companies. If you keep renewing your coverage with your insurer without keeping an eye on what others have on offer, you may end up spending too much. Very often, it is possible to find cheaper deals by other insurers than your current one.

You can spend a few minutes online and easily find out which company is willing to offer you the best deal. You may be surprised by how much you can save if you pick another insurer than your existing one.

Most online quote comparison websites ask you to fill a short questionnaire, entering details regarding your house and the coverage you expect. Once you are done with the questionnaire, you are presented with quotes from a number of different reputed insurance companies.

Tips For Saving Money

Increase the deductible amount

If you want to lower your insurance payment, you may do that by increasing your deducible. By raising your deductible to $1000 from the usual $500, for instance, you can usually save as much as 25 percent on your insurance premium. In case you pick $2500 as your deductible, you may end up saving 35 percent! However, do not raise your deductible so much that you have difficulty paying it in case you need to submit a claim.

Try to obtain discounts Make sure that you ask your insurance agent regarding what discounts you can avail. Installing burglar alarm, smoke alarm, and other such safety features, is one of the surefire ways to avail discount from every major insurer.

My Story Of Saving $640 On My Premium

A while ago, my insurer notified me that my insurance premium was going to get bigger. Naturally, the news did not please me. So, I visited the following insurance quote comparison website and found, to my utter shock, that I could save $640 by signing up with a different reputed insurance company. And sign up I did!

What You Should Do

Even if you think that you are satisfied with your existing insurance company, be sure to visit a quote comparison site and see what other insurers have on offer for you. Chances are that you will be surprised, or even shocked, by how much you can save by choosing a different company than your current one.

Manage Your Finances Like A Real Pro - Spend Only When You Have To

Whatever you believe about money, it is indisputable that money and human beings are inseparable. But its damn hard to find. Therefore, do yourself some justice and spend it well. There are factors you have to keep in mind if at all you want to be a better spender.

Here are a few things to help you spend money wisely

  • You need to come up with an inclusive budget, one that portrays both the income you generate and your expenditure. Make sure you include all your monies from whatsoever sources. Your expenses should not override your income.
  • Consider listing all your expenses however minimal they could be. One thing to note at this stage is that every penny counts. The list should include the money you remit monthly, semiannually or even yearly. Insurance premiums, car maintenance and entertainment costs are all part of this list. Such a list will help you contemplate how much money is moving out of your account.
  • Be sincere and cancel on your list things that are not necessary. There must be one, two or more expenses that you can eliminate. For example, just consider having coffee at home for a month and compare the cost with what you would have spent, at the coffee shop, as you head to work every morning. There must be a difference.
  • If you check your expenses you will notice that most of them are incurred at your home. Try to pin point whatever it is at your house that is causing you to pay high utility bills. If it is the windows, upgrade them to lower heating costs. Look out for new, more effective technologies in the market such as the tankless water heaters. They are more efficient. Have a plumber check your water system for leakages, and repair the pipes to reduce water bills. Do not be fast to use your dishwasher unless it is full to save energy.
  • Why don't you try energy efficient appliances? They are available in the malls, supermarkets and shops. To save more money on energy, make sure you unplug appliances that have light indicators if not in use.
  • Talking about your home, do not forget the roof and your insulation system. Upgrade them to reduce heating expenses. This could be a bit costly but it is worth it if you are patient enough to see the results. You will save a great deal of money.

Keeping in mind the aforementioned ideas, you will improve your ability to control money, you will be able to account for every cent and save more. Repair any faulty pipes, replace appliances with better ones and you will be happy with the amount of money you will save. Find out more about managing your private finances.

Trade & Supply Chain

Trade is the lifeblood of the world economy and a key driver of global integration, helping small and medium enterprises (SMEs) to grow and create jobs. Trade finance is the engine of an estimated $14 trillion in annual global commerce and is fundamental to the movement of goods at all stages of the supply chain, especially in emerging markets.

Development Impact

Trade finance is a priority for IFC because we have seen the high development impact it can have on developing countries. Through the Global Trade Finance Program (GTFP) launched in 2005, IFC issues credit guarantees where others won't, providing essential liquidity for trade flows through its global network of more than 500 bank partners, helping SMEs in the world's poorest countries join the global trading system.

Since its inception, GTFP has covered over 25,000 trade transactions and supported over $27 billion in emerging market trade, without a single loss. In IDA countries, GTFP has committed over $11 billion, with commitments of $5.4 billion in Sub-Saharan Africa.

GTFP has provided IFC a gateway to engage in otherwise challenging markets; it has supported trade in 27 of the 35 current fragile and conflict-affected situations (FCS), committing investments in 19 of these areas in FY12.

IFC is playing a leadership role in supporting and protecting global trade flows to the world’s poorest countries at a time when many banks are pulling out of trade finance. IFC is delivering a coordinated set of programs that support global trade by helping stabilize and foster trade and commodity finance. In particular, IFC focuses on supporting trade in areas such as agribusiness, SMEs, and energy, because these have the greatest impact on the poor.

Product Offerings

In 2008, the Global Trade Liquidity Program (GTLP) was conceived to channel liquidity quickly to targeted markets by providing trade credit lines and refinancing portfolios of trade assets held by selected banks. These two award-winning programs have since facilitated $50 billion in trade to and from emerging markets.

In late 2010, capitalizing on the success of the GTFP and GTLP, IFC formed its Trade and Supply Chain Department, which integrates supply chain financing and other trade facilitation initiatives with its two existing trade finance programs. Our suite of innovations to address gaps in the availability of working capital in emerging markets has expanded to include the Global Warehouse Finance Program (GWFP), the Global Trade Supplier Finance (GTSF) program, distributor finance, structured trade finance, systemic liquidity solutions, and the Critical Commodities Finance Program (CCFP).

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