Are you looking to save money on your homeowners insurance? Want to know the best ways to do it? Here are the 10 best ways to save money on your homeowners insurance.
1. Go Shopping
It's amazing how much rates can vary from company to company. Comparing rates from different companies and choosing the cheapest one can save you hundreds of dollars on your premium. The easiest way to compare rates is to go to an insurance comparison website where you can get rates from multiple companies on one site. (See link below.)
2. Increase Your Deductible
Increasing you deductible can save you a lot of money on your premium. For example, raising it from $500 to $,1000 can save you up to 25%.
3. Consolidate Your Policies
Most companies will give you up to a 30% discount when you place both your homeowners and auto insurance policies with them.
4. Install Safety Features
You can get discounts on your policy for installing safety features like smoke detectors and fire alarm systems in your home.
5. Install Security Devices
You can also get discounts for installing security devices such as burglar alarm systems, dead-bolt locks, and window locks in your home.
6. Insure Only Your Home
Many people make the mistake of using the appraised value of their home (which includes the value of their land) for the amount of their homeowners insurance. You only need to insure your home. not your land. Find out how much it would cost to rebuild your home from a local builder or Realtor, and use that figure as your insurance amount
7. Ask About Discounts
Insurance companies offer a host of discounts such as non-smoker discounts, senior discounts, building materials discounts, and many others. To find out about the discounts that are available to you, ask your insurer.
Visit http://www.LowerRateQuotes.com/homeowners-insurance.html or click on the following link to
get homeowners insurance rate quotes from top-rated companies and see how much you can save. You can get more tips and advice in their Articles section, and get answers to your questions from an insurance expert by using their online chat service.
The author, Brian Stevens, is a former insurance agent and financial consultant who has written a number of articles on homeowners insurance.
