Important Home Owners Insurance Tips

Increase Your Deductible

Similar to car insurance, home owner policies have deductibles, and the same rule of thumb , carry the most expensive deductible you can afford. The larger your deductible, the greater premium credit you can expect to receive from your insurance company. Your savings may reach 25% by increasing the deductible from $500 to $2000.

Improve Your Home Security

The majority insurance homeowners companies offer for dead bolts, fire extinguishers, smoke detectors, burglar alarms and Neighborhood Watch Areas. with a fire and burglar alarm system hooked up to a third-party monitoring company receive rate reductions than homes with local bell alarms.

Save By Combining Home and Auto Policies

Insuring two cars on one policy with the same insurance company can save you ten percent to fifteen percent on your premiums. If you cover your car insurance and your home owners insurance together, you can lower your premiums by another ten to fifteen percent.

Verify Windstorm Areas and Distance to Fire Stations

If you reside in the country, youll most likely pay higher rates for your home owners insurance than if you lived in . How come? Its because of the longer distance to your fire . If you live more than 10 miles from the nearest fire station, and more than 1,000 feet from a fire hydrant, you will more than likely pay a higher rate.

Save Money with a Claims Free Record

If you have not had a claim under your policy during the past years, you could receive up to a fifteen percent savings, depending on the insurance company. Plus, most companies will discount your premium if your policy has been in force for three straight years.

Free and Clear Mortgage Savings

Some insurance companies target those who have mortgage and offer them premium discounts of up to ten percent.

Savings for New and Renovated Homes

The majority of insurance companies offer a discount for new homes, and you can qualify if your home was built in the last years. Also, a recently renovated home costs less to insure, so find out when the last major electrical, heating and plumbing update was completed on the home.

The easiest way to know if you are receiving the best rates possible on your home insurance is to go online and compare rates. Even if your home is mobile, you can compare and receive a very competitive RV insurance quote online and know that you are paying the lowest rates possible no matter what type of home you are insuring.

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