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10 Factors That Affect Homeowners Insurance Premiums in Florida

TGS

Conversely, homes further inland or in areas with lower crime rates often benefit from lower insurance costs. The more risks your area poses, the more your insurance company will charge to protect you. Get an instant quote with TGS Insurance Agency to see how you can save. It makes sense, right?

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Affordable Home Safety Improvements to Lower Your Insurance Premiums

TGS

Adding window locks or shatter-resistant film makes breaking in more difficult, which insurers love to see. Install a Security System Cost: $100–$300 for basic systems (plus optional monitoring fees) Impact: Security systems don’t just deter crime; they often come with built-in monitoring for fire or carbon monoxide.

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Top Reasons Your Home Insurance Premium Might Increase [2024]

TGS

Well, your insurance premium is no different. If your neighborhood has experienced an increase in crime, a decline in property values, or even changes in local government policies, this could trigger a higher premium. Insurers constantly assess the risk factors associated with your area, and those risk factors don’t remain static.