Pay Less for Homeowner’s Insurance

In addition to checking your policy annually, there are other things you can do to save money on your homeowner’s insurance.

  1. Increase your deductible. Most people have low deductibles because they don’t like the idea of paying for losses out of pocket. However, doing that means paying more for your insurance.
  2. Insurance companies give credit for security upgrades such as deadbolt locks , smoke alarms, fire extinguishers, carbon monoxide detectors or security systems.
  3. Smokers in the house always raise the price of insurance. Stop if possible.
  4. Some companies charge less for homeowners who are retired.
  5. Putting your auto and homeowner’s insurance together with the same company usually gets you a lower rate.

One thought on “Pay Less for Homeowner’s Insurance

  1. One other tip we’d like to recommend is renewing your policy annualy. Some insurance companies might offer an introductury rate and it may increase on renewal. Take the time to review your finances and insurance policies on a regular basis.

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