Affordable Homeowners Insurance

There are a few ways to lower your homeowner’s insurance rates in order to maybe save a little more on your monthly payments. Basically insurance rates are determined by risk. So how much risk does your home have? Does your home have a pool? Do you have a trampoline in the backyard? How about a dog? Here are a few things you can do to reduce your risk:

• If you haven’t already, make sure smoke alarms are installed in all bedrooms.
• Make sure your front door is secure with a dead bolt lock.
• Make sure to have fire extinguisher in an area easy to access.
• Make sure all trees are not branching over your home.
• Consider installing a burglar and fire alarm system.
• Avoid leaving tools and machinery out where others may access it.
• If you entertain often make sure to consider your potential risks.

Your Homeowner’s Insurance Deductible

Common deductibles chosen by homeowners include $500 and $1,000 deductibles. Home losses and liability claims happen less often than auto related claims. However, homeowner’s insurance is still necessary and losses do occur from time to time. If a windstorm causes $10,000 of damage to a portion of your home you will need to pay the amount of the deductible before you can file a claim with the insurance company. If you can have $1,000 put away in case something happens, then you can select the $1,000 deductible for the more affordable homeowner’s insurance premium. If you have a harder time keeping $1,000 stashed away just in case, it may be better to go with a smaller deductible amount even though this will raise your insurance premium some. You need a homeowner’s policy, you might as well maintain a position to be able to use it in case something happens.

Combine your homeowners with your auto policy.

If you have a car insured with another company you may want to get a quote for both your auto and home together with the same company. Although homeowner’s insurance rates generally stay the same regardless of a package or mono-line policy, some companies give pretty nice auto insurance discounts to those who insure their auto with the home Insurer.

Low Insurance and Security provides the tools and tips needed to begin saving more on insurance. Compare free insurance quotes to begin saving more.