Tips to Keep Home Insurance in Your Budget

Your home insurance is a vital means of keeping your home safe, but that doesn’t mean it’s not tempting to want to get the lowest possible coverage available. Instead of sacrificing on the amount of protection you and your family have though, consider the following tips to keep home insurance in your budget if you live in Mesa, AZ. 

Preparation Counts 

When it comes to your home, you need to think about the more common potential problems that might arise there, so that you can do everything possible to prevent them. For example, an alarm system that will scare off criminals, or thoroughly winterizing your home during the fall. You may want to consider redoing the roof so it can stand up to heavy snows or harsh winds. These measures make it far less likely you’ll see major damage on your home, and can help you keep your home insurance costs down. 

Stay Alert 

If you live in Mesa, AZ, the best way to keep home insurance in your budget is to have all the facts in front of you. Often, this means asking questions from a trustworthy source. If you want to learn more about how your deductible, valuables and lifestyle affect what you pay every month for your insurance, then call Lifetime Investments for more information. We’re happy to tell you about how everything works in regards to your particular home needs. Instead of a one-size-fits-all approach, we take the time to know you, your family, and your priorities for customized advice and guidance. 

Lifetime Investments knows that those who prepare for the worst are also the ones who sleep easier at night. Give us a call if you’re looking to find out more about our rates, services, or policies. 

Is It Ok to Let a Friend Borrow Your Car?

While this request does not happen all the time, it is likely to happen at some point or another. When it does happen, you need to be prepared with how to handle the situation. You should ask your friend or family member a few questions make sure everything lines up and to determine your next courses of action. Use these considerations from Lifetime Investments, serving Mesa, AZ, to determine if it is ok for you to let your friend borrow your car. 

  • Make sure they have a valid license. This may be common sense, but you will want to verify it before you let anyone borrow your vehicle. You will want to make sure it is valid and not expired. 
  • Ask about their driving history. You will want to know what kind of driver they are. Do they get a lot of speeding tickets or have they been in a few accidents? If so, it may not be the best decision to let them drive your car. 
  • See how long they need it. If you are only letting them drive it for a few hours or a day, you likely do not need to add them to your insurance. However, if they need it for a prolonged period, you may need to add them.
  • Find out why they need it. If it is for commercial purposes, that is likely not covered by your insurance and can be expensive to add. 

You should always make sure your auto insurance is up to date before letting anyone drive your vehicle, even yourself. If you want to make sure your policy covers this or simply want to get a quote for a new policy, be sure to reach out to Lifetime Investments, serving Mesa, AZ.