There are many benefits to having Home and Auto insurance – both types of policies can help protect your finances in the event of an accident or damage to your home or car.

Your home and care are probably your largest investments, which means protecting them is important to the financial security of your family. Home & Auto insurance provide critical coverage that can prevent you from serious financial problems over the long run.

What is home and auto insurance?

• Home and Auto Insurance protects against financial loss if disaster strikes

Homeowners Insurance

• Covers the cost of repairs to your home if it’s damaged by an insured event, such as a fire or windstorm
• Pays for the cost of replacing lost or damaged property within the home

Auto insurance

• Covers physical damage to your vehicle caused by an accident or other covered loss, such as theft
• Pays for the cost of medical treatment for injuries or death to others in an accident involving the insured’s car

Protect yourself from financial hardship by making sure you have enough insurance coverage to replace everything you own in the event that it’s damaged or destroyed. If you’re unsure about how much coverage will be enough for you, a KRS specialist can help explain what options are available and what might be best for your needs.

Why it’s important to review your current cover? 

Did you know that the average cost of home insurance in the United States is $1,242? According to the Insurance Information Institute, homeowners insurance costs increased by 2.6% from 2017 to 2018. That’s a lot!

Auto insurance rates are rising as well. The average auto insurance premium rose by 4% from 2017 to 2018—a total of $185 more per year for the typical policyholder.

The good news is that there are ways to lower these costs: 

• KRS compares quotes from multiple companies to find the best price for your needs
• Get a discount by bundling policies together
• Get a discount by adding an alarm system or other security measures

Already shopping around?

It’s still important to work with a KRS agent in order to fully understand what the policy does and doesn’t cover. This way our clients make an informed decision about which package works best for their situation.

Here is an example of why it is so important to review your plan;

• Mr. & Mrs. Smith are 65 years old
• Empty nesters from Downers Grove, IL
• Insured with the same BIG NAME insurance company for 27 years
• Premiums increased year after year

After contacting KRS…

• INCREASED their insurance coverage and LOWERED their premiums
• Lowered their yearly premiums from $4,496 to $3,147
• Saved $1,349! That’s 30%