A: Premium calculation includes several factors that influence what each customer pays, including geography, characteristics of each home which include liability and property loss exposures, loss experience and the costs associated with the construction of the structures. While factors such as the type of construction cannot be easily changed, there are rating factors that are more easily influenced by the customer’s selections, including but not limited to:

  • Coverage limits

  • Endorsements/optional coverages

  • Discounts (such as Smart Home or other loss prevention devices)

  • Deductible options

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