When you buy insurance for your Rochester, MN home, you may wonder how often you’ll need to make payments. The answer is that many insurers will let you choose to pay monthly or yearly. This is a significant decision with multiple consequences.

Annually

Most insurance companies will charge you less per year if you pay on a yearly basis. They do this because they save money by processing only one payment rather than 12. Annual payments might also help you cut spending on postage and checks.

When you pay yearly premiums, you won’t need to spend as much time making or keeping track of payments. Fewer transactions result in a smaller risk of overdraft fees, record-keeping mistakes and lost or delayed payments. This helps to ensure that coverage remains in effect.

A yearly payment is sometimes the only option. Certain mortgage lenders demand that buyers prepay for a year’s worth of coverage when they purchase homes. If desired, owners can switch to monthly payments after the initial year.

Monthly

Nevertheless, there are also benefits to be gained from paying by the month. You won’t have to save up as much cash before obtaining or renewing coverage. It’s also easier to switch insurers at any time. There’s no need to request a large refund if you cancel mid-year.

If both options appeal to you, look for a compromise. Some insurers accept quarterly or semi-annual premiums from their customers. Safechoice Insurance Agency can help you find a company that provides suitable payment options.

Our Rochester, MN agency has offered affordable coverage and top-notch service to Minnesota residents for over a decade. We independently check rates from multiple insurers and identify the best options for our customers. To find home insurance that fits your budget, please contact Safechoice Insurance Agency by dialing 507-280-9282.
 

Home insurance isn’t the fireman that will rescue your family from the flames, nor is it the policeman that will apprehend criminals before they do any harm to you. But that doesn’t mean that it’s not important when it comes to keeping everyone in a community safe. Safechoice Insurance Agency wants the citizens of Rochester, MN to learn more about its benefits. 

Preventing the Worst 

Home insurance is there for you when you have something unexpected come up. It may be able to fix structural damage or deformities in the house or yard that could eventually pose a threat to the safety of the family. If the foundation is damaged by a storm for instance, then you won’t be able to live there safely until its back to being stable again. But insurance also works in intangible ways as well. When thieves (or even kids who are just looking to cause trouble) see that homes look as though they were given the utmost care, then they may hesitate to conduct their affairs on that particular block. 

Finding the People Who Can Help 

Safechoice Insurance Agency understands the community of Rochester, MN, and the actions that each homeowner takes affects everyone. The more responsibility is infused into a neighborhood, the safer and more valuable it becomes. Home insurance saves lives, and it can help boost the value of the property as well, making it an even more worthwhile investment for you. And it all starts with you. If you’re looking for more information on how you can get a policy that will provide the best protection, then we’re here to make that dream a reality. See why it may be more affordable than you think when you give us a call today for a quote. 

You can’t predict the future, so it’s not easy to know how much home insurance you might need. The best thing to do is to work with an agent from Safechoice Insurance Agency for your homeowner’s coverage in the Rochester, MN area to help you plan for possible future events. They can help you sort through what to consider while you’re planning for your homeowner’s insurance coverage while staying within your budget. Here are some items for you to have in mind when you speak to an agent.

• Deductibles – Higher deductibles will decrease your premium, but if something happens, you will need to pay that deductible.  Know how much of a deductible you are comfortable paying for an incident.
•  Replacement Cost or Cash Value – Decide if you would like the cost of replacing your home or valuables without depreciation or if you would rather have the actual cash value after depreciation. 
• Know Your Policy – Work with your agent, so you clearly know what is covered under your plan. For certain events, you may need a separate policy.
• Discounts – You may be eligible for discounts, such as car and home insurance with the same company, installing an alarm system, or dead bolts.
• Annually – Review your policy at least once a year with your agent to ensure you have adequate coverage.

Safechoice Insurance Agency

If your home is in the Rochester MN area, Safechoice Insurance Agency is an excellent insurance agency to work with to help you determine your coverage needs. A professional agent will take the time to explore your home insurance options. They will help you make policy decisions that will provide the coverage you need at a price that will fit your budget.  Contact us today to get started.