Homeowners insurance is the best way to ensure that your home and assets are protected from any unfortunate situation. While the cost of homeowners insurance may seem high, there are many available options that can help you save money. Keep these tips in mind to help you save the most money on your homeowners insurance policy, without compromising your coverage.
- Make sure your smoke alarm and security system are working. Having a properly working security system installed in your home can help to lower your insurance premiums by up to 5 percent. If you live in an older home, installing smoke alarms can help save you up to 10 percent on your premiums.
- Increase your deductible. The higher your deductible, the lower your homeowners insurance premiums will be. Keep in mind that although your will not be paying as much for your bill, you will have to pay more out of pocket if you ever have to make a claim.
- Bundle. If you bundle your homeowners insurance with other insurance policies, such as your auto or life insurance, you can save up to 10 percent on all of your premiums, since it means that you are less likely to change companies.
- Plan for construction. When you are planning on making renovations to your home, make sure to consider the building materials that you are using. Choosing a wood frame to build an addition could raise your insurance cost since it is a highly flammable material.
- Pay off your mortgage. Paying off your mortgage will usually mean a large drop in your insurance costs since insurance companies think that you will take better care of your home if you own it outright.
For all of your California homeowners insurance needs to ensure that you have the best coverage,
contact the insurance professionals at Cook, Disharoon & Greathouse.
