24 Feb How to Save Money on Your Homeowners Insurance
How to Save Money on Your Homeowners Insurance
Purchasing Home Insurance is necessary to protect your assets. As a homeowner, you likely understand how important Homeowners Insurance is. However, you do not have to overpay for the same coverage you can get elsewhere for less. We are here with some tips to help you cut down on your Homeowners Insurance costs.
How to Save Money on Your Homeowners Insurance – Find A Broker and Shop!
Finding a quality broker may take some work, but when you do finally work with a broker that cares about your needs and knows the market, you will be amazed. You will see that there are many carriers eager to offer you quality Home Insurance. With the right broker, you will find the right carriers with the right rates. In most cases working with a Broker will not cost you anything extra as most Brokers do not charge broker fees with home and auto Insurance.
How to Save Money on Your Homeowners Insurance – Multi-Policy Discounts!
Time and time again we see clients who have their Homeowners and Auto Insurance with different carriers. Having your Insurance separately is like flushing money down the toilet! Every major carrier offers substantial discounts for having multiple policies with them. You can save us much as 15% just with this discount alone. This tip also goes to people who rent their homes. If you have a renter’s policy you can still get a multi-policy discount by adding Auto Insurance.
How to Save Money on Your Homeowners Insurance – Raise That Deductible!
Homeowners Insurance claims are less common than Auto Insurance claims. With that said, it may be worthwhile to consider raising the deductible on your Home Insurance as it can affect premiums significantly. This tip isn’t for everyone, some people prefer a lower deductible, and there is nothing wrong with that. Just remember to take this into consideration next time you are shopping your Homeowners Insurance, as changing the deductible can sometimes net a 25% reduction in premium.
There are many additional ways to save money on your home Insurance. For example, if you have smoke detectors and/or a central alarm system you can be entitled to additional discounts.
Are you currently getting these kinds of discounts? Would you like to receive these kinds of discounts? Let us know! Our Agents are available and eager to assist you.
Give us a call at 925-297-4829.
All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.