5 Tips for Home Insurance Discounts

Once you are aware of this, it will certainly ease your premium payments to know when you are paying too much and areas where you can easily get big discounts. Here are some tips to get discounts on your home insurance.

1. Old to New: Insurers are always wary of the ‘old’. Older buildings, old wiring or non-weather proof roofing means that they may not be as effective at holding strong through extreme weather, storms, theft or other accidents. Hence, if you have your house renovated, or get new wiring done for the entire home, you should get a discount of up to ten percent. Stats from the Fire department show a high number of accidents due to old wiring, weak roofing, old fire-places etc.

2. Neighborhood safety: Insurance companies feel comfortable when they know you’re doing everything you can to keep your home safe. A safe home, keeps money in the insurer’s pocket. Thus, they like to encourage their policy holders by providing discounts whenever they take steps to reduce possible claims. Initiating or becoming a part of a home owner’s association can mean that as neighbor’s watch out for each other, the risk of loss through theft is greatly reduced. Additionally, having a home in a gated community also reduces risk. Hence great discounts can be obtained simply by informing your insurer about these facts.

3. Automatic Payments: As simple as it sounds, setting up recurring payment for your premium will also provide you a small discount, with the added benefit of not having to manually pay your insurer every time your premium is due.

4. Multi-policy discount: Many insurers provide discounts up to thirty percent, if you buy all your insurance (Automotive, home, business etc.,) from them. The discounts offered are a sort of reward for being loyal clients. The policies need not be of the same type, however, the insurance company does need to be the same. This discount may not always be possible if you’re buying your insurance from an insurance agent.

5. Discount on being claims-free: As mentioned earlier, insurance companies are delighted by anyone who reduces their risks and by those who have not claimed insurance anywhere from five years or more. Each insurer will have a different time period stated to avail this discount, so ask around, and you’re sure to get a discount of up to twenty percent, when you’re claims-free.
These are just five great ways to save on your premium payments, talk to your Insurer and you’re sure to get more discounts you never knew was possible.

Enhance the Value of Your Money: Invest in the Small-Cap Funds

Don’t you know that you can increase the value of your money manifold? If you already know about it, then why you are left out of the amazing world of mutual fund investments! And if you don’t have any idea about what the starting line is all about, then read below to understand the concepts of small-cap funds so that you too can reap multiple benefits from them.

What Are Small-Cap Funds?

The mutual fund schemes which invest in the stocks of small companies or basically start-ups are termed as small-cap funds. The small-cap companies are those who have a market capitalisation ranging from Rs. 500 crore to Rs. 1000 crore. There are several unique features in this category which make them the most opted one among the others. They are also known for generating high capital appreciation in the long term. Here are some of the amazing facts about the small-cap stocks which you will love to know.

Small-Cap Stocks: The Facts

Temporary Price Dis-connectivity : Mostly the small-cap schemes are known for their highly rewarding nature, but there is a contradictory fact which reveals the other face. Basically, in the initial years, the small companies keep competing for their survival in the industry. But, at that time least people bother to invest in their stocks as they do not see any growth opportunity in them. When one or the other such small company start chasing the growth, it comes under the notice of the investors. It attracts the herd to invest in these stocks, and in this way, with time it turns into a bigger entity resulting in the increase in value of the assets. The investors who stay invested in the small caps since their inception earns the utmost benefits. However, they face temporary price dis-connectivity in the initial years, they may also get enriched with extreme capital growth in the long run.
Thinly Traded Market : The small companies experience a phase in their initial stage where least people are aware of them. However, the shrewd investors know the benefits of investing in such stocks and rest remains unaware. That is why, initially, the traffic of the flocks remains less in the small cap mutual funds, and they provide a thinly traded market to the potential investors. Over time, when the value of these stocks grow, more people become aware of them and start deploying their money in them. The increasing demand for investments in these stocks kicks up their value, thus helping them achieve new heights of growth.
Hidden Gems : One of the amazing facts about the small companies is that they can be proved to be a hidden gem for you. Yes, you heard it right. They can turn your small capital investment into an impressive corpus. It is also because of the same reason that the small entities remain undiscovered from the eyes of the herd. And their growth keeps rolling over time and burst out attaining new heights in the long run. The wise investors always keep an eye on the whereabouts of the targeted small-cap stocks to reap benefits from their growth.
So, what are you going to do now? The best is to know about all the small-cap funds so that you can recognise one as per your investment requirements. Do it before you miss it! And fetch the big returns from the small-cap funds in the long-term period.

4 Important Covers Your Minneapolis Church Insurance Should Include

Insurance is your back up safety plan for unthinkable, unexpected, untoward incidents in professional and personal life. Your insurance plan is your line of defense in different types of situation. Generally, it is seen that when you file for an insurance claim, you feel that you didn’t get a fair and reasonable compensation which you should have. You feel undone and rue about all those premiums that you paid over the years. Often, we are responsible for our own mistakes which we made while purchasing an insurance cover.

This article is composed with intention to underscore some common mistakes which you can avoid while choosing different types of insurance covers for yourself. This article can help you to take the right decision and avoid any confusion during the claim. Here are some common mistakes that you should refrain from doing in order to get the right value for money on your insurance.

Life Insurance: You purchase life insurance policy so that your dependents can receive the financial support when you are not around anymore. At the same time, you would also need to consider how much amount you want your dependants to have. A rule of thumb says that you should calculate your annual salary and consider ten times your annual salary for your dependents. Do not underinsure and do not delay your decision of buying life insurance policy because tragedy can strike anytime and your dependants might struggle to maintain a decent standard of living in your absence. Do not let your insurance agent what’s suitable for you and what’s not; use your own discretion and choose only that policy which caters to your needs and requirements. It makes sense to buy a complete life insurance policy which will prove cheaper and more effective in the long run.

Home Insurance: Many people buy home Insurance which is a sensible decision as your home can get damaged due to natural catastrophes and human error. Renovation and rebuilding costs are too high to be afforded by a layman. However, your task doesn’t end with buying a home insurance coverage. Do not make the mistake of including land in your estimate as you only get paid to rebuild or renovate the structure. Be extra careful if you are residing in sensitive areas prone to natural disasters and before you decide to buy house in such areas, make sure you have checked insurance requirements for that particular area. Also, inform your insurance agency of any structural changes made in your home so that your claim does not get rejected.

Church Insurance: Church needs insurance covers to defend itself against possible lawsuits and receive a fair and reasonable amount of monetary compensation in case its property and assets are damaged/stolen or destroyed due to unforeseen circumstances. Churches have their own building, vehicles, employees, assets and equipments, which are prone to damage through one way or the other. Since a large number of churches rely on donations, they might find it very difficult to compensate for any type of loss by themselves. Helland agency church insurance has the exceptional knowledge in the church industry and an ability to offer diverse coverages from multiple insurance companies.