As with other types of insurance, shopping around and raising your deductible can help you lower your Homeowners Insurance premiums. However, there are other steps you can take to get more protection for less money.
1. Purchase Your Home and Auto Policies From the Same Insurer
One of the easiest ways to lower your homeowners insurance premium is by purchasing your home and auto policies from the same insurer. Some companies (not all) may offer a discount of up to 15% if you purchase two or more policies from them.
2. Strengthen the Security of Your Home
Another straightforward option to save on your homeowners insurance is improving the security of your home. Some of the devices that may help you qualify for a discount include:
- Burglar alarms
- Deadbolt locks
- Smoke detectors
- Fire extinguishers
- Fire alarms
While security devices are almost always a smart investment, check with your insurer before installing them to make sure they help you qualify for a discount.
3. Ask For Other Discounts
Sometimes getting a discount can be as simple as asking a question. Check with your insurer to find out whether there are some discounts you may qualify for. For example, retired people may get lower homeowners insurance premiums because they spend more time at home and have more time to maintain it. Also, long-term policyholders may get discounts if they stay with the same company for at least three years.
4. Maintain a Good Credit Record
Insurance companies are increasingly using credit records to price homeowners insurance policies. Check your credit score often and have any errors corrected as soon as possible. The benefits are multiple and extend beyond your homeowners insurance rates. Some steps to protect and improve your credit score include:
- Pay off debt.
- Pay your bills on time.
- Apply for new credit only as needed.
- Dispute any inaccuracies.
Learn More About Insurance
From tips to save on car insurance to the terms you need to make sense of collision insurance, these are some previous posts you can check out for more ideas and insurance tips.
- Use these four tips to save on Car Insurance
- What are the most common life insurance riders?
- Renters Insurance: Everything you need to know
- Avoid these common Boat Insurance myths.
- An essential collision insurance glossary.
- 10 Essential Home Insurance terms
Contact the Experts at Delgado’s Insurance
Looking for Homeowners Insurance in Bloomington, Riverside, or anywhere in California? at Delgado’s Insurance, we can help you find a policy customized to your individual unique needs.
We have locations in Riverside, California, and Bloomington, California. Contact us today by telephone (951-361-0084, 909-421-9003), email, or through our social media accounts to get a free quote and learn more about our Homeowners Insurance options.