Sentences with phrase «calculating home insurance premiums»

This is because most companies use your credit score when calculating home insurance premiums.

In summary, while having an older home doesn't automatically mean you will be charged a higher premium, it does increase the likelihood that your building contains some of these negative factors that might cause an increase in your premiums (learn more about How Insurance Companies Calculate Your Home Insurance Premiums).

Not exact matches

Credit scores factor into everything related to your finances — from getting a credit card, buying a home or car, calculating your insurance premiums, and sometimes even whether or not you're hired for a job.

Cons: This tool with calculate the premium you owe to pay for mortgage loan insurance, even if you put more than 20 % down on a home to purchase.

In some states, such as California, Massachusetts, and Maryland insurers are prohibited from using credit to calculate homeowner's insurance premiums but in states where it's allowed, it can be a costly problem, since about 85 % of home insurers use credit - based insurance scores in states where it's allowed.

Families in Bowie need to understand how insurers calculate their home and auto premiums, as well as other necessary insurance costs, and how to order the kinds of insurance they need to protect their assets in this relatively busy area.

Our approach is to help you understand how your home insurance rate is calculated, ensure you receive all policy discounts you are eligible for and offer suggestions for lowering your premiums.

Understand how your home insurance rate is calculated, ensure you receive all policy discounts you are eligible for and offer suggestions for lowering your premiums.

For home insurance, insurance companies may consider history of prior losses, distance to fire stations and hydrants, use of a home security system and smoke detectors, along with credit scores, to calculate your premiums.

Your home's location and value are also factored in when calculating your insurance premium.

Depending on your province, your home insurance company may consider your credit score in calculating the cost of your insurance premiums.

Home insurance premiums are calculated based on factors that are not always explained to the insured.

Insurance companies use a variety of factors to calculate the cost of your home insuranceInsurance companies use a variety of factors to calculate the cost of your home insuranceinsurance premium.

When you buy home insurance, your insurance company will calculate the price of your insurance premiums by taking into account several important criteria:

Families in Dundalk need to understand how insurers calculate their home and auto premiums, as well as other necessary insurance costs, and how to order the kinds of insurance they need to protect their assets in this relatively busy area.

Insurance will also vary according to the size of the home, as most premiums are calculated to include a cost per square foot.

Agents at those homes have tried to keep buyers interested by sharing premium stubs, insurance quotes and elevation certificates, used in calculating rates, to help dull the shock of jumping costs.