National Brokers Network

Simple and Practical Tips for Home Insurance Buyers

Getting a home insurance, is it really necessary? If you want your home protected from threats like theft or natural disasters, then it’s a big YES.

But the problem is, most home insurance buyers find that getting one is very expensive. Add to the fact that insurance, in general, can be uncertain as you may or you may not even use it all throughout your life.

However, the idea of having a “safety net” for your home should disasters happen makes people sleep better at night — and for us, that is worth the price. Thinking of getting insurance for your home? There are many ways to make it more affordable, here’s how.


1. Look For The Right Company

You can’t just suddenly grab and agent and yell “INSURE MY HOME NOW!” You have to do your research and compare the insurance policies each company offers.

Moreover, it’s best to look for promos these companies offer and take advantage of the discounts or additional perks they will give.

Need help? Ask your real estate broker in Victoria to help you pick the right insurer.


2. Make Your Home Safe and Secure

Making your home safe and secure not only benefits your family, it benefits your wallet as well. Think about it this way, if you have implemented security measures on your house like electric locks, CCTV cameras and burglar alarm systems, it will lower the risk of threats.

And in the world of insurance policies, the lower the risk, the lower the price you pay for the premium.


3. Renovate and Keep Your Home in Tip – Top Shape

Apart from security measures mentioned above, you also have to consider renovating your home so as to make it appealing to the eye of insurers.

You do not have to tear your house down and create a new one, some of the renovations you can do can be as simple as changing the electrical wiring or your indoor plumbing. By doing so, you are lowering the risk of fire occurring or your wall breaking down due to a burst pipe.

All together now: “The lower the risk, the lower the price you pay for the premium.”


4. Bare Necessities

The good thing about insurance is most companies offer flexible models wherein you can customise your policy, and include only the things you need protection from.

You don’t need to get an insurance that offers protection from snow blizzards if you live in a dessert!


 5. Adjust Accordingly

Adjusting your insurance policy every year can be easy, but tedious. However, even though it can be dreary, adjusting your insurance yearly can save you big bucks.

Try to adjust your insurance policy, in which it will only cover things you currently own. You should not pay for insurance to cover things that you don’t own anymore.


Confidentiality Agreement

In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

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