Home Insurance -- 7 Proven Tips

Contrary to what you might have thought, it's quite easy to position yourself for an affordable rate. The two things that that keep you from getting a better rate at the moment are relevant information and a determination to make use of the tips you get -- Nothing more. Let's look at a number of time-tested ways to get better rates...

1. Make sure you don't fail to subtract the land's worth from your home's value as you apply for a home insurance policy. A good number of people spend much more than they should on home insurance because they made this mistake. They just insure their house for its full value without subtracting the cost of the land.

For those who've mistakenly done this, call your agent and go through your home insurance coverage again. Deduct the land's cost and you'll discover that you will need far less coverage.

This means you will pay a lot less on home insurance. No matter what you do and who you meet, remember that the only things you insure are things that can be stolen or damaged and your land is not one of such.

Insurance Quotes

2. You will pay more or less depending on your credit history. People who have very good ratings pay far less than folks who have poor ratings. What your credit rating reveals is how you have handled your bills and it speaks negatively about you if it's a poor one. No insurer likes this as it shows a pattern you're quite likely to repeat in the payment of rates. This makes you less attractive to them and you, therefore, are made to pay higher than some other person with similar profile that has a very good rating.

It will, therefore, be a good step to do something about making your credit rating better. It makes it easier for you to get more affordable rates among other things.

3. Electing to pay your premiums on a monthly basis leads to higher premiums than you would pay if you decide to pay yearly. This is because sending you twelve payment notices by mail monthly costs your insurance company a lot.

The cost increases if you include the fact that they pay transaction fees for processing each check you give them monthly as payment. Twelve checks mean 12 transactions and will draw 12 separate fees.. And as with every other thing, it's you the client or policy holder who bears that cost.

Therefore opt for annual payments instead if you intend to make savings this way. What you'll save could be as high as 8.5% of your total monthly premiums over the course of just a year.

4. Make the exterior of your home fire-safe and you will bring down your home insurance rate. Do you have things that could likely help combustion close to your structure? They'll make you get higher rates. As simple as it looks, cutting back bushes and keeping them up to 10 feet from your structures will help reduce your rates. Fire-safety is a major point that determines how much or little you pay as premiums.

5. You will also enjoy a discount if you have motion-sensitive lighting on your property. Burglars will avoid any place where their movement will be easily noticed. And motion-sensitive lighting does just that. Your rate will be reduced you have lowered your home's risk of burglary with this type of lighting.

Insurance Quote

6. Do ensure that each door to the exterior has dead-bolt locks. This makes it difficult for intruders or burglars to break in. And as you know, the less the risk of burglary in a house, the cheaper premiums it will attract.

7. Do you have locks on each of your windows? If you do NOT you will be paying more because of that. Expect to attract far cheaper rates if you have windows that have burglary-proof bars If you are NOT against this have them fitted in your home and enjoy lower rates.
Get Cheap Home Insurance Quotes And Save Much Now!
Get Quick Free NO-Obligation Quotes Now And Save!