Take a better look at your protection warranty.
If you have a burglar alarm, fire sprinklers or other risk-reducing feature that falls under the category of a "protection warranty" (meaning you guarantee your property has a protective system), you may qualify for a rate reduction on your insurance premiums.
But don't just take the money and run. If your coverage is based on one or more protection warranties, you're responsible for keeping that protection operational. If you don't, the insurer can deny a claim, says David Ezra, attorney and partner with law firm Berger Kahn APLC in Irvine, California. For example, if you're remodeling and your sprinklers are disconnected, you may not be covered for a fire during that time.
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