InsuranceSmartBook.com
|
Home > Home Insurance > Tips For Reducing Homeowners Insurance Premiums Tips For Reducing Homeowners Insurance PremiumsAuthor: Stacy Fox Here are 7 tips for reducing homeowners insurance premiums.First, consider what deductible you need. Deductibles start at $500, but if you kick that up to $1000 or even $5000, you are going to start seeing a significant discount. Further, higher deductibles will decrease your chances of filing a claim which is actually a good thing because some companies cancel your insurance after two claims. Second, buy your homeowners insurance and your car insurance from the same company. Combining policies will save you money over having two comparable policies at different companies. Third, ask your insurance agent if there are steps you can take to make your home more weatherproof. For instance, you may be able to reduce your premiums by adding storm shutters. In addition to lowering your insurance premiums, you'll also be saving yourself the hassles of having a destroyed home. Fourth, increase your home security by adding smoke detectors, burglar alarms and the like. You can take 5 to 20 percent off your policy by doing so. Fifth, keep your credit score up. The actuaries at insurance companies have determined that people with good credit are better risks when it comes to homeowners insurance. Sixth, stay with your insurer over the long haul. Your company probably offers longevity discounts that outweigh saving a few dollars this year. Finally, shop around. The internet has made it a lot easier to get information about various companies. Use this to your advantage. And those are my 7 tips for reducing homeowners insurance premiums. Reduce your home insurance premiums by using the resources available at http://homeinsuranceprovider.net Other Recent Insurance Smart Book Articles:
Custom Search
|