5 Home Insurance Discounts You May Not Know About- The Mystery Unveiled

We get this question all the time.  Insurance discounts seem to be shrouded in mystery- oftentimes homeowners don’t even know about them until they find out that they qualify.  Insurance discounts are credits given to a homeowner that may actually lower their rate because their home is safer, or less prone to accidents and damage.

Here at homeinsurance.com, we believe you should know how to make your home safer and less prone to damage.  So we are going to spill the beans- give you tips to make your home safer, and possibly even help you save even more money on your home insurance.

1.Lump it Together- Multi-policy discounts are an EASY way to reduce home insurance costs.  (At homeinsurance.com you can save up to 15%!) Ask your home insurance agent about combining your auto and home insurance and see what type of rate you can get.

3. Update!  If you live in an older home, think about updating the electrical, plumbing, heating and/or roof.  The cost of preventative maintenance is always lower than the cost of increased home insurance premiums after a house fire or flood from a burst pipe.  Home Insurance companies smile upon updated mechanical systems as they are safer, and make your home less prone to damage.

4. Alarms- Install a security alarm system.  Home Insurance companies like to know that your home is protected from burglary and you may qualify for a lower premium because of this upgrade.

5.  Another way to save money by making your home safe?  By utilizing the tips above and keeping your home in good condition you will help to reduce the occurrence of claims filed.  Unfortunately some things are out of our control, but reducing the the risk of the things we can control may yield additional savings.  Many home insurance companies offer a claim free discount for homeowners that remain claim free for a designated period of time.

For more information Read our full article on How to Save Money on Your Home Insurance.