1.
Compare and Save Comparing home insurance quotes to find the most competitive rate is the first step to keeping costs low.
Though it may seem obvious, many people pay more than they need to simply because they never shop around.
You wouldn't buy a house itself without double-checking the price -- why buy the house insurance without doing the same? In the past, comparing home insurance quotes from many different providers was time consuming and difficult.
Today, however, the Internet makes finding the best rates easy.
A variety of one-stop insurance websites allow you to get home quotes from countless agents, all competing for your business.
The best part is, you only have to fill out one easy form! 2.
Secure Your Home Increasing the security of your house or apartment can have a positive impact on insurance rates.
The more secure a home is, the less likely an expensive break-in, theft, or emergency will occur.
Installing smoke detectors throughout the house, for instance, can lead to savings of between 5% and 10%.
Alarm systems and secure deadbolt locks can yield similar savings.
Of course, simply adding these security items is not enough -- you must also inform the insurance company.
Before purchasing a security device, call your insurance provider and ask about the discounts they offer.
Once the device is installed, follow up by letting the agent know that the discount should apply.
3.
Combine Plans Combining multiple insurance policies under the same provider is a good way to increase savings.
Many people have several different types of insurance, including auto, home, and health coverage.
For maximum savings, "bundle" every policy together with one single agency.
If you do not yet have insurance, many insurance providers have combined plans that let you bundle coverage right away.
If you do already have one form of coverage, simply talk to that provider and find out which discounts they offer for adding additional policies.
Most providers are eager for more business and will offer a significant savings deal.
4.
Keep Insurance Updated Homeowners insurance only covers items that are located in the home when a disaster or theft occurs.
In many cases, however, valuable items that used to be in the home are sold or moved to a different location.
When this happens, the insurance policy should be updated to avoid useless coverage.
For example, if you buy a new $3,000 computer system, you would certainly want to be sure the home insurance policy protects it against burglary.
If that same computer is sold or given away after a few years, though, there is no reason to keep it included on the policy.
Evaluating the actual value of home possessions and updating the necessary coverage should be done once a year.
This way, you can keep your rates as low as possible -- and keep money in your pocket.
Compare and Save Comparing home insurance quotes to find the most competitive rate is the first step to keeping costs low.
Though it may seem obvious, many people pay more than they need to simply because they never shop around.
You wouldn't buy a house itself without double-checking the price -- why buy the house insurance without doing the same? In the past, comparing home insurance quotes from many different providers was time consuming and difficult.
Today, however, the Internet makes finding the best rates easy.
A variety of one-stop insurance websites allow you to get home quotes from countless agents, all competing for your business.
The best part is, you only have to fill out one easy form! 2.
Secure Your Home Increasing the security of your house or apartment can have a positive impact on insurance rates.
The more secure a home is, the less likely an expensive break-in, theft, or emergency will occur.
Installing smoke detectors throughout the house, for instance, can lead to savings of between 5% and 10%.
Alarm systems and secure deadbolt locks can yield similar savings.
Of course, simply adding these security items is not enough -- you must also inform the insurance company.
Before purchasing a security device, call your insurance provider and ask about the discounts they offer.
Once the device is installed, follow up by letting the agent know that the discount should apply.
3.
Combine Plans Combining multiple insurance policies under the same provider is a good way to increase savings.
Many people have several different types of insurance, including auto, home, and health coverage.
For maximum savings, "bundle" every policy together with one single agency.
If you do not yet have insurance, many insurance providers have combined plans that let you bundle coverage right away.
If you do already have one form of coverage, simply talk to that provider and find out which discounts they offer for adding additional policies.
Most providers are eager for more business and will offer a significant savings deal.
4.
Keep Insurance Updated Homeowners insurance only covers items that are located in the home when a disaster or theft occurs.
In many cases, however, valuable items that used to be in the home are sold or moved to a different location.
When this happens, the insurance policy should be updated to avoid useless coverage.
For example, if you buy a new $3,000 computer system, you would certainly want to be sure the home insurance policy protects it against burglary.
If that same computer is sold or given away after a few years, though, there is no reason to keep it included on the policy.
Evaluating the actual value of home possessions and updating the necessary coverage should be done once a year.
This way, you can keep your rates as low as possible -- and keep money in your pocket.
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