Streetsmart insurance Blog
Homeowners insurance protects homeowners against hazards that could destroy their houses and adversely impact the quality of their lives. Unfortunately, these benefits usually come at a high cost to individual homeowners and families who want to protect their properties at all costs. If you are one of the millions of homeowners who want to lower their insurance premiums, you should use these tips to reduce the cost of your homeowners insurance policy.
Compare Policies – Ask your insurance agent to show you other offers from competing insurance providers. You may be able to get a lower price with a different insurance company.
Change Your Deductible – If you raise your deductible, you can lower the total cost of your homeowners insurance policy. Be careful if you decide to take advantage of this cost-saving measure: a higher deductible can hurt you if you need to file a claim.
Install A Security System – Your insurance provider may offer a discount to homeowners who install a security system on their property. Ask your insurance agent if this option is available to you.
Bundle Your Insurance Policies – Bundle your homeowners, auto, and life insurance policies together to save money on each of your policies.
Protect Your Credit – Your credit history could adversely impact the cost of your homeowners insurance policy. Make sure that you pay your bills on time, and order your free credit report every year to clear up any inaccuracies on your record.
Stick With Your Insurance Provider – Many insurance providers give discounts to customers who hold their policies for five years or more. If you want to lower your insurance premium, you may decide to stick with your insurance provider and wait until you qualify for a loyalty discount.
Buy A Less Expensive Home – If all else fails, you may decide to buy a less expensive home that will allow you to purchase a less expensive homeowners insurance policy.
Street Smart Insurance is committed to providing affordable coverage. Whether you are looking for your first homeowners insurance policy or you are shopping for a better price, our agents are ready to help. Call us at 732-462-8343 for a free quote!