Homeowners' Insurance -- Ways To Enjoying Big Discounts

Are you committed to bringing down your home owner insurance costs by reducing your premium dollars? Then your search stops here as this article will explain what to do and lead you to all the resources you need to get the cheapest rates. I'll reveal several sure-fire recommendations that will make you qualify for huge discounts. And this will be without reducing the quality of coverage you enjoy. Here they are...

1. You will save if you buy all your policies from the same insurer. Insurance companies offer discounts (multi-policy discounts) for insureds who buy multiple policies from them. But you might make more savings with different insurance providers than you'll make from a multi-policy discount.

2. You can make your home almost disaster proof thereby lowering your risk and, consequently, your homeowners' insurance premium. Apart from making sure that you have all in place to protect against fire and burglary, the following are recommended for various areas...

a. If you reside in a locality that's very prone to wind damage, you will make considerable savings by having storm shutters.

b. Folks who live in areas that experience high winds will will be better protected if they use heavy roofing material. This in turn helps lower their rates.

c. Retrofitting your house as a defence against earthquakes.

d. For folks who have trees on their properties, you'll save yourself in your home owners insurance premium if you ensure that you cut off every dead or dry branch because they can easily lead to liability claims.

e. You'll also do well if you plant your trees at a safe distance from your building for many reasons. You'll run a higher risk of a branch falling off and destroying your roof. Depending on the type of roofing material you use, this could as well reduce its lifespan.

If want other ways to make your home really disaster-proof, discuss with your agent.

It is also important to check if the discount you will get justifies the cost of implementing the advice. Use those that justify your expenses and you will get cheaper rates.

3. Do not insure your home along with the land it is built on as this is more expensive but very unnecessary. People do this ignorantly. They just insure their house for its full value without subtracting the land's cost.

If you made such a mistake, you'll have to review your homeowners' insurance coverage and go through it again with your agent. Subtract the cost of your land and buy coverage only for your home and its contents.

With such a review you will lower your rates considerably and still leave with sufficient home insurance coverage. Do not ever forget that insuring the land your house is standing on is plain waste of money because it does give you any added advantage.

4. The level to which you strengthen your roof could make you eligible for a discount. This is particularly true if you live in the East where high winds are a serious threat. Your agent should be able to outline steps that you should take if you intend to have a discount this way. One easy way is to add heavier shingles.

5. Keeping a government home owner insurance policy could be making you pay a lot more on home insurance than you would private companies. Natural disasters in certain places made it very hard for folks there to get home insurance coverage. The only solution for such people then was to go to a government agency that offered government homeowners insurance. Nevertheless, at the moment there are a number of private insurers who also offer coverage for such areas.

It's true that government homeowners' insurance may still be your only option depending on where you live. But for those whose areas are now serviced by private insurers, you can expect to pay lower rates than you would with government agencies.

6. You will save much money on your home owner insurance policy if you get and compare homeowners insurance quotes from quotes sites. You will realize savings if you go to just one of such sites. But keep this in mind, you will get more by visiting at least five. The plain logic in this is that you'll get a greater number of home owner insurance quotes from many more insurance companies. This raises your chances of receiving better quotes.

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