Home is the place we love to return to at the end of the day; whether it’s your own house or a rented one. You would want to protect it from any mishap. L.H. Griffith and Company are here to help you with that. We offer you home insurance which provides you the protection you need. L.H. Griffith specializes in property and casualty insurance. Being in the business for the past decade our agents use their experience and knowledge to make sure you get the necessary discounts for which you qualify. After discussing with you at length, our professionals come up with a customized plan with tailored coverage to satisfy your specific insurance needs. It is true that every homeowner’s policy has limits. But with L.H. Griffith you do not have to worry as we offer you additional coverage to protect your possessions which were otherwise not included before.
Below we have mentioned 3 crucial factors that will affect your home insurance rates. Take a look.
The location of your house majorly affects the premium rates. The insurers keep a record of the past crimes taken place in your neighborhood. So, if your community is prone to break-ins, thefts, and robberies the cost will go up. Also, if your area is frequented by storms, hurricanes, earthquakes, and floods your policy rate will reflect that.
- Age of the House
Factors like age, structure, and wiring of the house and the type of roof play an important role in deciding your rates. As your house age, they become more vulnerable to weather damage or internal deterioration. Thus, increasing the premium of your policy.
- Claim History
Your claim history can also affect your premium rate. If you have a claim history, it may result in a higher premium. This is because the more claims you file means you are more susceptible to threats than others. So, your past claims can often predict your future claims activity.
So, if you are a resident of Charleston, Goose Creek, Kiawah Island, Moncks Corner, and Summerville and you need home insurance, you can call us on 843-553-8643.