|
--> |
Home ::
Homeowner Insurance
Learn how you may be able to
lower your home insurance premiums.
Money-Saving Tips
Compare rates
Get homeowners insurance quotes from several different companies, and
compare their rates.
Buy different policies from one company
Often, insurance companies will give you a discount if you purchase policies
for different insurance types from them (e.g., homeowner and auto
insurance).
Do not switch Home Insurance needlessly
If you stay with the same insurance company for an extended period of time,
you may qualify for reduced premiums.
Consider insurance costs when purchasing your home
If you purchase a newer home, it may be in better condition (electrical
system, etc.), which may lead to lower home insurance premiums.
Look for private insurance first
If you live in a high-risk area (one that is especially vulnerable to
coastal storms, fires or crime) and think you'll be forced to buy
homeowner's coverage from your state's high-risk insurance pool, check first
with an insurance agent. You may find that you can still buy homeowner
insurance at a lower price in the private insurance market than from the
insurer of last resort.
Do not insure the land
Since the land your home sits on isn't at risk from fire, storms etc., you
should not include its value when determining how much homeowners insurance
you need to buy.
Increase your deductible
Deductible are the amounts that homeowner policyholders must pay toward a
loss on each claim before their insurance kicks in. Choosing a deductible
that is higher than the standard amount (typically, $250) can substantially
lower your premiums. (However, choose an amount that you could afford to pay
in case something actually did happen!)
Install security measures
By installing burglar alarms, smoke detectors, etc., you may be able to get
a discount off your home insurance premium of 10% or more, depending on your
insurance company.
See if you qualify for a non-smoker discount
Since smoking accidents are an important cause of residential fires, your
insurance company may be willing to offer you a lower premium (reflecting
reduced risk to them) if there are no smokers in your home.
Senior discounts
If you're at least 55 years old and retired, you may qualify for a discount
of up to 10%, depending on your insurance company.
Group coverage
If you are a member of an association (e.g., alumni or business
association), see if it has negotiated a discounted group rate with an
insurance company for which you qualify.
Keep your policy up to date
Your policy should reflect the value of your home and your belongings.
Review your policy regularly, so that you can make adjustments if needed.
Homeowner Insurance
Providers
Insurecom.com
Up to 5 competitive quotes with just one
form. Save up to 40 percent on your Home insurance needs
M.L.M. Publishing is not
broker or provider of
insurance
13658 Laraway Drive - Riverview - Florida
- 33569
|
Webmasters!