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4 Ways to Save on Homeowners Insurance

Mon, Dec 16, 2019 at 12:20PM

4 Ways to Save on Homeowners Insurance

When you’re a responsible homeowner, it makes sense that you’ll take steps to protect your investment. You want to ensure your residence can provide peace and security to loved ones for years to come. At the same time, budget considerations are always top of mind. Thankfully, there are ways to find the balance between important safeguards and necessary savings.

That includes keeping a good credit rating, knowing your claims history, and similar. You should also speak with a qualified insurance agent who can help you determine the very best coverage for your needs. This way, you’ll learn about other valuable insurance solutions you might not have previously explored. Here are some of the most popular ways to save on homeowners insurance.

1) Consider Your Deductible

Your deductible dictates what fees you’ll be responsible to pay toward an insured loss. In most cases, the higher the deductible, the lower your overall insurance policy costs. That means you’ll have more cash on hand each month for savings, or any other purpose.

For instance, if your deductible is $500, you’ll furnish that amount toward an insured loss prior to coverage benefits kicking in. On the other hand, if your deductible is $1,000, you might pay less in the long run. It’s important to discuss with a knowledgeable insurance agent to be sure you’re making the best decisions to protect your property and family.

2) Be Vigilant

Even if you don’t live in an officially-designated disaster-prone area, the fact is that Mother Nature is unpredictable. You can never be entirely certain of what weather events might occur. In recent years, locales across the nation have fallen victim to hurricanes, tornadoes, high winds and rain, flooding, and similar.

Some home features (such as impact-resistant windows, hurricane shutters, and fire-resistant siding) are designed to prevent damage to your property. You should also consider security aspects that can detect and prevent nefarious and dangerous activity. That includes alarms, cameras, upgraded deadbolts, carbon monoxide (CO) detectors, and more.

3) Ask About Discounts  

Along with the mentioned discounts that might come with bundling your insurance services, there are other ways to save that might not be as readily advertised. Taking advantage of these perks can help you further save throughout the year.  

For instance, several non-traditional benefits exist. That includes perks for non-smokers, first-time home buyer benefits, age related savings, gated community discounts, and similar. You could even reap savings by choosing to have your premium automatically drafted each month.

4) Work with a Reputable Company

When it comes to homeowners insurance, there are unfortunately a lot of rumors and outright untruths floating around. That makes it difficult to make an informed decision. Thankfully, there are ways you can cut through the confusion and get to the bottom line.

One great method is to partner with a trusted and reputable insurance company with a proven track record of success. Since 2002, we’ve been the premier resource for a variety of insurance needs. In addition to homeowners insurance, that also includes coverage for construction, tree care, automobile, business and commercial, flood, and risk management. Contact us today to learn how you can save on your homeowners insurance policy.


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