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Simple Home Insurance Tips to Keep Your Premium in Check
There are a number of methods to have a reasonable homeowners insurance rate without exposing your home. Having an agent you can count on for advice should be at the top of your list.
By: Daren DiSantis
Raise the deductible amount: This is the amount of money you have to pay out before your homeowners insurance kicks in. In other words, if your deductible is $500 and the damage to your house is only $400 then you essentially have to pay the $400. If the damage is $500 or more than the insurance coverage kicks in. The higher your deductible the lower your insurance premium will be. Just make sure you can afford to pay the deductible amount if and when the time comes.
Install Alarm and Burglar Systems: If you have a burglar alarm installed it can help reduce your premium. Same goes for sprinkler systems.
Stay with One Insurer: In most cases if you spend time bouncing from one insurer to another, your premium will be higher because of the risk of losing a client. So if you can help stay with one insurer, they will in the end give you credit in the form of lowering your premium. If not, ask about long term customer discounts.
Obtain Your Credit Rating: Always knowing your credit score can help you with just about anything. Car loans, insurance premiums, etc. The higher your credit score the better your rate is going to be.
Combine Auto and Home Insurance: If you can ask your agent about combining your auto and homeowners insurance you can save on your premium.
Stop Smoking: In 2006, there were over 400,000 house fires. About 5% of these fires were the result of smoking cigarettes.
Talking to an agent when obtaining homeowners insurance quotes is always suggested. We recommend a review of your coverages be handled by a home insurance professional. To find one and learn the basics about homeowners insurance visit http://www.insuremyhouse.com/
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InsureMyHouse.com provides consumers with an online homeowners insurance agent directory sorted by state and zip code.