Due to an increase in property claims over the last several years and regulations on home insurance pricing in North Carolina, many companies are now requiring that their clients bundle their auto and home coverage together in order to qualify for homeowners insurance.
Our agency has seen homeowner’s rates increase as much as 50% over the last two years as well as an increase in company cancellations due to claims. Also, many companies are increasing their minimum deductibles on property claims or are only offering split deductibles, a higher deductible for wind and hail than for all other perils.
You can maximize your premium credits by insuring your home and auto with the same carrier, saving on both your home and auto. You will also qualify for coverage with many more carriers if you are willing to place both policies with the same company. There has never been a better time to review your insurance portfolio and compare coverage and pricing. Give us a call and put your Morrow Insurance agent to work for you. We will help to determine your best coverage options for your premium dollars.