GRAND RAPIDS, Mich. (WOOD) — With West Michigan experiencing severe weather and flooding this week, property insurance seems to be a top concern for many people.
According to S&P Global Market data, homeowners can expect their insurance premiums to increase significantly this year.
News 8 spoke with attorney Dante Weston, founding partner of Donaldson & Weston, a law firm specializing in insurance, accident and liability cases. He provides tips on how to lower your property insurance rates.
Weston says it’s important to negotiate with your current insurance company. Some are known to provide discounts for loyal customers.
He says it’s also a good idea to compare rates to try and find out the best value for your insurance dollar.
Weston also says it’s a good idea to increase your credit when you can, because many states use credit-based insurance scores in pricing home owner insurance premiums.
Finally, he says some customers may be able to combine their homeowner and auto coverage from the same company for even more savings.
For a complete conversation with Dante Westonwatch the video in the player above.