Homeowners Insurance Replacement Cost Review Reveals Secret Savings
Real-World Examples and Statistics
According to the Insurance Information Institute, homeowners who conduct regular reviews and updates to their policies can save up to 20% on premiums1. Furthermore, the National Association of Insurance Commissioners suggests that policyholders who bundle their home and auto insurance can see discounts ranging from 5% to 25%2.
In a practical example, a homeowner in California updated her policy to reflect recent renovations and found her premium reduced by 15% after her insurer acknowledged the improved safety features3. These real-world savings underscore the importance of staying proactive with your insurance policy.