In addition to being your largest financial investment, your home is also a shelter and sanctuary for your family.
Doesn't your home deserve the best and most affordable homeowners insurance available? By following some simple guidelines you can find excellent - but affordable - coverage for your home.
Buy the Right Amount of Insurance Your first step in saving money on your homeowners insurance is to make sure you don't have too much coverage.
Many homeowners mistakenly think they need to buy enough insurance to cover both their home and the land their home sits on.
Actually, you don't need to cover the land, just the home itself and your belongings.
You want enough insurance to replace your home and your belongings if they are destroyed.
To find out what it would cost to replace your home, you can have a builder prepare an estimate for you.
And to find out how much it would cost to replace your possessions, you need to conduct a home inventory.
Look for Discounts Most insurance companies offer discounts such as ...
* Discounts for smoke detectors and sprinkler systems * Non-smokers discounts * Discounts for deadbolts and alarm systems * Senior citizens discounts * Auto/home discounts These discounts directly lower your insurance premium, so make sure you are receiving all the discounts you are eligible for by asking your insurer what discounts are available to you.
Raise Your Deductible The deductible is the amount you pay toward any claim before the insurance company starts paying.
The higher your deductible, the lower your premium.
Raising your deductible from $500 to $1,000 can save you 15% to 25%..
Comparison Shop Did you know that insurance rates can vary by hundreds of dollars from one company to another? If you don't take the time to comparison shop for insurance, you could definitely be paying too much.
To make comparison shopping easier, you can go to an insurance comparison website and get quotes from multiple A-rated insurance companies just by filling out one application (see link below).
Doesn't your home deserve the best and most affordable homeowners insurance available? By following some simple guidelines you can find excellent - but affordable - coverage for your home.
Buy the Right Amount of Insurance Your first step in saving money on your homeowners insurance is to make sure you don't have too much coverage.
Many homeowners mistakenly think they need to buy enough insurance to cover both their home and the land their home sits on.
Actually, you don't need to cover the land, just the home itself and your belongings.
You want enough insurance to replace your home and your belongings if they are destroyed.
To find out what it would cost to replace your home, you can have a builder prepare an estimate for you.
And to find out how much it would cost to replace your possessions, you need to conduct a home inventory.
Look for Discounts Most insurance companies offer discounts such as ...
* Discounts for smoke detectors and sprinkler systems * Non-smokers discounts * Discounts for deadbolts and alarm systems * Senior citizens discounts * Auto/home discounts These discounts directly lower your insurance premium, so make sure you are receiving all the discounts you are eligible for by asking your insurer what discounts are available to you.
Raise Your Deductible The deductible is the amount you pay toward any claim before the insurance company starts paying.
The higher your deductible, the lower your premium.
Raising your deductible from $500 to $1,000 can save you 15% to 25%..
Comparison Shop Did you know that insurance rates can vary by hundreds of dollars from one company to another? If you don't take the time to comparison shop for insurance, you could definitely be paying too much.
To make comparison shopping easier, you can go to an insurance comparison website and get quotes from multiple A-rated insurance companies just by filling out one application (see link below).
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