Just like for any other type of policy, your homeowners insurance costs can increase over time. However, there are several ways to keep your premiums manageable and still have the level of coverage you need to feel secure and protected. Something as little as improving your credit score can keep your premiums low.
The following tips will not only lower your home insurance premiums but will also give you peace of mind.
Install a Home Security System
Install a home security system with surveillance cameras that gives you the option of having a third-party monitor your home or allows you to monitor it on your own. Many home security systems also have environmental sensors that inform you if temperatures rise or fall unexpectedly in your home. Home automation is also helpful in getting the lights turned on and off on schedule. A quality home security system can be purchased for less than $300.
Increase Your Deductible
Increasing the amount of your deductibles will help lower your premiums and keep them more affordable. The more you are willing to pay out of pocket when you file a claim, the lower your monthly premium will be. You will also be able to save money if you choose to pay your premiums semi-annually or annually. Managing your premiums is much easier when you understand how your deductibles work and the many options you have when it comes to paying them. Moreover, you can adjust your deductibles at any time.
Your homeowners insurance is an investment that will protect your financial security. Before purchasing your homeowners insurance policy, make sure to check out several different ones. Talk to different insurance providers to find out what each one has to offer. You may be surprised at what each one has to offer for the same price. Most of them will give you the option of adding specialty policies for events like hurricanes, floods, or earthquakes. When you talk to an insurance provider, make sure to tell them about all of the different coverages you will need as part of your homeowners policy.
Bundle Your Policies
Bundling your home, auto, boat, or other policies together not only minimizes the amount of administrative work but also helps manage multiple policies in one place. Talk to your insurer to learn which policies can be bundled, the premium to be paid, etc.
Lowering your homeowners insurance
costs is easy if you know where your risks are and how you can best prevent them. Contact us at Abatelli Insurance
to set up a review of your existing policy or to get a quote for a new one. Each of our agents has special training to help you find the right home insurance policy to meet all of your needs at an affordable price.