When you sign-up for car insurance, you may have noticed that they ask you a lot of detailed questions about your vehicle. All the information you provide your insurance company with, as well as the information they get directly from your VIN, will impact your premium. #1 The Year Your Car Was Made The year your car was made can impact your premium in a variety of ways. If you just purchased a brand-new car, you may be able to get a new car discount.
In a few months, my husband and I plan to begin a major renovation on our home. During this extensive project, we will be ripping out old flooring, redoing our front porch, and building a 600-700 square foot addition. After all of our hard work is complete, we should have significantly more equity in our house than we do now. As a result, my spouse and I will need to re-evaluate our home insurance policy. We will likely need to increase our policy’s coverage. On this blog, I hope you will discover some of the most common reasons for increasing the value of a home insurance policy. Enjoy!