Insuring Your Long Island Home with the Best Coverage!
Long Island home insurance could quite possibly be more expensive than insurance purchased in other neighboring regions. This Island is home to two of New York City’s five boroughs. That puts both properties and structures at first-class pricing, meaning higher premiums and values on land. What other factors play a role in the high premiums?
Mother Nature loves to give Long Island a beating. Thunderstorms, hurricanes, tornadoes, a variety of natural disasters, could affect this area. The high potential for damage greatly contributes to inflated home insurance rates. You may be able to swing a discount if you make additions to your property to make it more weatherproof, such as installing storm shutters on your windows.
Crime may be declining, but it is still occurs in Long Island. The area you live in is factored into the premium as well. A good alarm system and floodlights on the property may whittle some of the cost, but be prepared to pay for the misdeeds of a few troublemakers.
Living in proximity to Manhattan and its fellow boroughs may be exciting, but it comes at a price, both in real estate values and Long Island home insurance. There are ways to keep the price of your premiums low. Carrying a higher deductible and lowering the value on insured possessions may carve a chunk out of the premium, but this should not be done without due consideration to how it would affect you if you needed to claim. Speak to us to find out if we can make your home insurance more affordable!
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