Are you a homeowner who would like to lower your home insurance premium? These helpful ideas may help you get a better rate. Simply consider the ones that pertain to your individual situation, and speak to your home insurance representative about a possible rate adjustment.
1. Consolidate Your Insurance Policies
Do you carry other types of insurance besides home insurance? If you have an automobile or motorcycle insurance policy, life insurance policy or even a commercial business insurance policy, you might be able to get a better rate through Quest Financial and Insurance Services serving Twinsburg, Ohio. Speak to your insurance representative about moving all your insurance policies with the same company, and you could get a premium discount.
2. Increase Your Deductible
Your home insurance rate through Quest Financial and Insurance Services serving residents of Twinsburg, Ohio is partially calculated depending on your insurance deductible. One quick and easy way to lower your home insurance premium is to ask your insurance representative to raise your deductible.
3. Improve Your Home Security
Home insurance coverage is all about protecting your financial investment in the case of a disaster. The likelihood of a disaster happening is reduced when the homeowner takes steps to improve their home security. Your insurance company may be willing to reduce your home insurance premium if you take steps such as:
- Installing a sprinkler system
- Hardwiring a fire alarm
- Installing storm shutters
- Retrofitting for earthquake protection
- Installing a burglar alarm
- Subscribing to a third-party alarm service
- Waterproofing your basement
These are all easy steps that you can take to help lower your home insurance premiums. Not all of them will be relevant to your individual needs, so be sure to talk to your home insurance agent for even more ways to lower your rates.