Easy Ways to Save Money on Your Homeowners Insurance Policy
Skim a few dollars off your monthly bill with these easy practices.
Homeowners, are you looking to save money? We’re sure you are, and especially sure that you want to cut down your monthly home insurance bill without sacrificing valuable coverage. Fortunately, there are easier ways to do that than opting out of necessary protection or raising your deductibles sky high. Read on for more information.
Increase your security
The harder it is to break into your home, the less likely it is you’ll be burgled and have to make a home insurance claim. Increasing your security should bring your premiums down. From alarms to security systems, there are plenty of ways to safeguard your home.
Make your home more disaster resistant
Take steps to protect your home from windstorms and other natural disasters, and you could earn yourself a discount. Talk to your agent about installing storm shutters, reinforcing your roof, or buying stronger roofing materials. Better yet, modernize your home by updating the plumbing and electrical systems.
Maintain a good credit score
Establishing a solid credit history can cut your insurance costs. Insurers look at homeowners reports when determining home insurance rates, so be sure to comb through your report often and fix any mistakes. To protect your credit standing, pay your bills on time and keep your credit balances as low as possible.
Many insurers will give you a discounted rate when you bundle two policies together, such as home and auto insurance. Not only do you get to enjoy a lower rate, but you get to manage two policies from one entity, effectively saving you time and hassle.
Review the limits in your policy
You want your policy to cover any major purchases or additions to your home, but you don’t want to spend money for coverage you don’t need. If your diamond ring is no longer worth the $5,000 you paid for, you’ll want to reduce or cancel your floater policy.
Find the right home insurance policy for your needs and budget today. The professional team at Falsken & Associates Insurance Agency serves Thousand Oaks and surrounding areas in California with reliable home coverage. Contact us to get started.