« Back to Home

4 Tips For Decreasing The Costs Of Home Insurance

Posted on

Being a homeowner can allow you to have a certain amount of pride and joy. This is sure to be one of your largest investments, and you'll want to do all you can to keep your property in good condition. It's important to have the right amount of home insurance in place in the event you need it. Facing a catastrophic event to your property can be a financial disaster without the right amount of coverage. Knowing specific tips that are effective in lowering the cost of your home insurance costs is ideal.

Tip #1: Make improvements

Finding ways to make your home a more stable property can help you reduce the costs of your insurance. Listed below are some things for you to do:

1. Add storm doors and shutters to your home.

2. Replace a worn out roof.

3. Updating garage doors that may need replacing.

4. Adding hurricane strength windows to your home.

Tip #2: Add a security system

You may be able to get a discount on your property insurance by installing a security system in your home. This is an effective method of alerting you or your local police that an intruder is on your property.

Studies show that a sophisticated security system that alerts the police of a robbery and offers other modern options may save you as much as 15%-20% on your home insurance costs.

Tip #3: Reconsider claims

The more claims you file on your policy, the more this could end up costing you in the long run. Presenting a large amount of claims makes you more of a risk to insure and this will translate to higher insurance premiums for you.

If the damage to your home is minor, such as a broken window due to a lawn mower, consider fixing this on your own rather than contacting your insurance company.

Tip #4: Add your auto

Getting all of your insurance needs meet by the same insurance company can ultimately save you money. Consider getting your auto coverage with the business that provides you with home insurance, as well as any other types of insurance you may need.

Taking the time to find ways to reduce your home coverage costs is sure to be the time that is well-spent. Don't delay in contacting an insurance company, such as Sunset Insurance Agency, for more information about getting the coverage that you need.   


Share