Tips to Reduce Summer Energy Costs

Tips to Beat the Heat by Gibb InsuranceAfter the terrible winter we experienced, we may have promised ourselves to not complain when the heat and humidity assaults Windsor and Essex County – but we are certainly going to use our home’s air conditioning!

Cooling our homes account for a significant portion of our hydro costs.

Here are a few tips to help:

  • Clean your furnace filter – dirty filters can restrict air flow causing your cooling system to run longer and less efficiently
  • If you home has an air exchange, clean the main filter once yearly and the other filters every 3 months.
  • Use portable fans to move the cooled air throughout your home
  • Use a programmable thermostat to keep the home warmer while you’re out and cooler while you’re home
  • If you’re not home during the day, close all blinds and drapes to help keep your home cool
  • Reduce humidity by turning on exhaust fans when necessary
  • Use a microwave or BBQ to cook rather than heat producing ovens or stove-tops
  • Run appliances during non-peak hours
  • Check that the cooled air coming from your air conditioning vents is not obstructed by furniture or draperies.
  • Make it a habit to always turn off lights when not in use as well as heat generating electronic devices such as game systems, computers and laptops
  • If your air conditioner is old, consider purchasing an energy-efficient model.

We hope these tips help keep you cool and saving money during these hot summer months. If you have any other tips to share, please leave a comment.

How to Save Money on Your House Insurance Premium

Ways to save money on your house insurance premiumWe recently discussed the reasons why you might have seen an increase in your house insurance premium.

It’s important to first understand:

  • Each insurance company has its own specific guidelines to determine your premium.
  • If you are quoted for a lower priced premium, be certain that you are fully covered, as insufficient coverage could result in personal financial disaster.
  • Shop around. Utilizing an insurance broker rather than one insurance company allows you to choose the best coverage and premium available.

Ways to possibly save money

If any of the following factors apply to you, it’s a good idea to mention it to your insurance broker as it may help lower your house insurance premium.

  • Higher deductible – opting to have a higher deductible can result in a lowered premium.
  • Updates done to an older home – such as plumbing, new eaves, back up sump pump, repaired stairs or sidewalks, updated wiring, roof, windows and heating system.
  • Added security – alarm systems and security lighting.
  • How long have you been in the home – statistics show that customers who have lived in the same residence for longer periods of time make fewer claims and this can contribute to a lower premium.
  • Your age – generally insurance premiums decrease with the age of the insured.
  • Your mortgage – if you live in your home mortgage – free, you might be eligible to a discount. The reason behind this is, it’s believed you’ll have more money to maintain your home, resulting in fewer claims.
  • Loyalty – if you are with one insurance company for a long time, it can be reflected in a decrease in the premium.
  • Multiple policies – having one insurance company insure your multiple policies (car, motorcycle, boat, etc.) usually results in a discounted premium.
  • Claim free – if you’ve had no claims in your insurance history, this may be a factor in decreasing the premium.

It’s always best to review your insurance policy, your insurance needs and your premium every year to ensure you have the best coverage at the best price.

Please feel free to contact us if you have any questions or concerns about your coverage, or for a quote. 519-736-8228