Home Owners Insurance Advice
Similar to auto insurance, homeowner insurance policies have deductibles, and the same rule of thumb applies, carry the deductible you can afford. The higher your deductible, the premium credit you can expect to receive from your homeowner insurance company. Your savings could well reach 25% by increasing the deductible from $400 to $2000.
Improve Your Home Security
Many companies offer rate reductions for smoke detectors, burglar alarms, dead bolts, fire extinguishers, and Neighborhood Watch Areas. Houses with a fire and burglar alarm system hooked up to a third-party monitoring company receive rate reductions than homes .
Consolidate Policies
Insuring several cars on the same policy with the same insurance company can save you ten to fifteen percent on your premiums. If you cover home and auto insurance quotes together, you can decreas your premiums by another ten to fifteen percent.
Verify Distance To Fire Stations And Windstorm Areas
If you reside , youll pay higher for your homeowner insurance than if you lived in . How come? Its because of the greater distance to your local fire . If you live more than 10 miles from the nearest fire station, and more than 1,000 feet from a fire hydrant, you will most definitely pay a higher premium.
Save Money with a Claims Free Record
If you have not had a claim under your policy during the past three to five consecutive years, you receive up to a discount, depending on the home owners insurance company. Plus, most companies will discount your premium if your policy has been in force for three consecutive years.
Free and Clear Mortgage Discounts
insurance companies target those who have mortgage and offer them premium of up to 10%.
Savings for New and Renovated Homes
Most insurance companies offer a discount for new homes, and you will qualify if your home was built in the last 10 to 15 years. Also, a recently renovated home costs less to insure, so find out when the last major electrical, heating and plumbing update was completed on the home.
The easiest way to know if you are receiving the best rates possible on your home insurance is to go online and compare rates. Even if your home is mobile, you can compare and receive a very competitive RV insurance quote online and know that you are paying the lowest rates possible no matter what type of home you are insuring.

Posted May 31, 2009
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