How Much will Home Owners Insurance Cost? The Guide to Getting it Cheaper!  
 
 

How Much will Home Owners Insurance Cost? The Guide to Getting it Cheaper!

If you own a home, you must have homeowners insurance. These rates can vary widely depending on your location, the size of your home, and the value of your property. How can you be sure that you are getting the best rate possible? Here are a few tips to help you get the most bang for your buck.

One thing you can do may seem a little elementary. Simply shopping around can help you save hundreds of dollars a year. Get recommendations from your friends and relatives, especially those who have owned their homes for a number of years. Check out the websites of the Better Business Bureau and the National Association of Insurance Commissioners to see what other consumers have to say about a company.

Consider also the type of service you would receive if you filed a claim. You want a company who will respond quickly and thoroughly. Price is a big factor, but not the only factor.

Another way to save on your home owners insurance is to use the same company for your home and your vehicles. Many companies will give you a great price break for multiple policies. Also, ask about other discounts. Things like having a home security system or simple dead bolts on your doors can afford you a price break. Some companies are creative with their discounts. For example, some have a discount for retirees who stay home. The theory is that these homeowners are more likely to take care of their home and have fewer break ins as they are home more often.

Be sure to ask about any and all discounts that are offered. Small things can add up to big savings!

If you raise your deductible, you can save a significant amount of money on your premiums. The standard deductible amount is $500. If you raise your deductible to $1,000, you can save up to 25% off your yearly premiums. Keep in mind that if you live in an area that has many of a certain kind of disaster, such as earthquakes, windstorms, or hurricanes, you may have a separate deductible for these types of claims.

Be certain that you are insuring your home for the proper amount. Keep in mind that the cost to rebuild your home is less than the amount that your property is worth. You will only need to replace the structure, not the land it sits on. The higher the amount that your policy is worth, the higher your premiums will be so consider it carefully.

Because many homeowner insurance providers use your credit score to determine your premiums, make sure that you keep a good credit history. Pay your bills on time, keep your credit balances low, and check your scores a few times a year to make sure all is in order. Make sure that your insurance provider is using accurate information so that you get the best rate possible.

These are just a few ways that you can lower your homeowners insurance premiums. If you are proactive and do a little research, you can get a fantastic deal on your policy.




 

InsuranceAdvisoryService.com   Site Map - About Us - Contact Us - Terms of Use - Privacy Policy

Copyright © InsuranceAdvisoryService.com. All Rights Reserved.

Types of Insurance  

Auto
Boat
Classic Car
Dental
Health
Home
Life
Long Term Care
Motorcycle
Pet
Renters
Travel

State Guides to Insurance
By State

Articles  

> Trampoline Insurance
When you are looking to get home cover that includes a trampoline you must...Read More...
> Home Insurance Claims
Understanding how to handle your claim can make the difference between...Read More...
> Home Insurance Rates
Some insights into understanding what different policies can offer...Read More...
> Average Home Insurance By State
When you compare the average rates across the US then you find that...Read More...
> The Companies Ratings
Picking between the available policies and the companies ratings means... Read More...
> Weighing The Cost of Home Insurance
When you want to get the best value policy you first need to consider...Read More...
> The Detail in a Home Policy
Knowing the detail of a home policy can save you...Read More...
> How To Pick the Right Policy
There are a few crucial factors that go into picking the right home policy, including...Read More...