Future Finance Solutions

What to Know About Homeowners Insurance

August 24, 2015 by · Leave a Comment 

Homeowners InsurancePurchasing homeowners insurance is a necessity. Without proof of coverage, many mortgage companies will not finance you. Here are some tips on making sure your homeowners insurance fits your needs and ways to lower your annual premium.

High-Risk Areas Pay More

Homeowners insurance can have a very high price tag. For houses located close to high-risk areas, expect to pay annual premiums that can cost you thousands of dollars. For other properties that are in suburban neighborhoods, the average cost is roughly $1000.

Raising Your Deductible

When you raise your deductible on your insurance, your premium goes down. While this may seem great, you have to consider the fact that smaller damages like a broken water pipe will come out of your own pocket.

Purchase a Security System and Smoke Alarms

By purchasing a security system and smoke alarm, you can save up to 15% of your annual premium. All you need to do is install your system, provide proof that you did and it will be deducted.

Paying Off Your Mortgage

When you completely pay off your mortgage, insurance companies trust you more. They figure that you are financially responsible and therefore offer lower premium rates.

Policy Comparisons

You should always compare insurance rates with different companies. Some will offer a better rate in comparison to your current one. By consulting with your current company they may offer you a slightly lower premium to keep you on their policy.

Take note of the area that you live in. Some policies will charge you extra based off the land’s risk. By doing research on different insurance companies, you will be able to make a list of which ones that best suits your needs. Remember, homeowners insurance is a must-have. Always be prepared, get the right coverage.

Bio: Kuba Jewgieniew heads Realty ONE Group, a residential real-estate brokerage that uses cutting-edge technology and a business model that provides an unprecedented level of quality.

How to Manage Your Company’s Risk

August 21, 2015 by · Leave a Comment 

Risk-Colony-WestBy Colony West

When it comes to running your business, if you’re like most owners, you spend a decent amount of time thinking about the future. This probably involves a lot of success: higher profits, more employees, maybe another office, some awards, plenty of accolades, etc. Chances are these kinds of daydreams are one of the reasons you started your own business in the first place. It’s good to have these kinds of thoughts, too, because they can help you get through rough times.

However, you need to be looking forward for other reasons as well. Looking ahead is the only way to consider all the risks your business faces. That, in turn, is how you know what kind of business insurance agent in Santa Ana you need to speak to about locking down coverage.

Like all forms of insurance, the kind your organization needs is meant to help your company survive the worst case scenario. The longer you put off seeing a business insurance agent in Santa Ana, the more you need to hope that this sort of thing doesn’t all of a sudden happen.

If you don’t know where to start, don’t worry. The staff at Colony West, located at 201 E. Sandpointe, Ste 360, Santa Ana, 92707, would be more than happy to help you.

Owning your own business is never easy no matter what industry you’re in or how much passion you have. That’s why you want Colony West on your side helping you every step of the way with the most important aspects.