What affects prices?

A number of factors influence the premium that you may be charged:

• Type of Construction: Brick houses usually have lower premium rates because they are less vulnerable to fire.
• Age of the House: Newer houses usually have lower premium rates than older ones. Some insurers may not want to cover very old houses at all or may provide only limited coverage.
• Fire Protection: Your home’s distance from a fire hydrant and the quality of your local fire department affect the price you will be charged.
• Amount of Coverage: The amount of coverage you buy will affect the price you pay.
• Deductible Amount: The higher the deductible you choose, the lower your premium will be.
• Discounts: There may be discounts available for such things as smoke alarms or security systems.