Affordable Homeowners Insurance - Where To Get The Best Rate

Affordable Homeowners Insurance - Where To Get The Best Rate

In addition to being your biggest financial investment, your home is also a haven and sanctuary for your family. Does your home not qualify for the best and cheapest homeowner insurance available? You can get excellent - but inexpensive - coverage for your home by following a few simple guidelines.

Buy the right amount of insurance

Your first step in saving money on your homeowner 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 land. Really, you don’t have to cover the land, just the house itself and your belongings.

If your home and belongings are destroyed, you need enough insurance to replace them. To find out how much it will cost to replace your home, you can have the builder prepare an estimate for you. And to find out how much it will cost to replace your property, you need to make a home inventory.

Look for discounts

Most insurance companies offer discounts such as …

  • Discount for smoke detectors and sprinkler system
  • Discounts to non-smokers
  • Discounts for deadbolts and alarm systems
  • Senior Citizens Discount
  • Auto / Home Discount

This discount directly reduces your insurance premium, so make sure you ask your insurer what discounts are available and you are getting all the discounts you deserve.

Increase your deductible

A deductible is an amount you pay for any claim before you start paying the insurance company. The higher your deductible, the lower your premium. Increasing your deductible from 500 to $ 1,000 can save you 15% to 25%.

Comparison shop

Did you know that insurance rates can vary from one company to another for hundreds of dollars? If you don’t take the time to compare the store for insurance, you can definitely pay a lot more.

To make comparison shopping easier, you can go to the insurance comparison website and get quotes from multiple A-rated insurance companies by filling out a single application.

Where to get affordable homeowners insurance