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Simple Home Upgrades That Can Help You Save on Insurance

  • April 30, 2020

Home Upgrades That Can Lower Your Insurance Premiums

 

Every homeowner looks for ways to save on their home insurance policy. After all, we know we need insurance but hope that we never have to use it. Fortunately, there are a few improvement projects that you can do to help save on your home insurance in Thousand Oaks, CA. Here are five of them.

 

  1. Deadbolt your locks – It’s much harder for a common thief to get through a door with a deadlock blot. Be sure to put deadbolts on all your exterior portals, not just the front and back doors.

 

  1. Install an alarm system – A monitored alarm system is typically less expensive than it used to be, and insurance companies tend to give major discounts to homeowners that have one. Modern alarm systems also control lights, climate, and security cameras.

 

  1. Add a new roof

If your roof is 10 or more years old, it’s considered a substantial risk by many insurance companies. Replacing your roof will often trigger a lower premium since roof issues are the main cause of water damage and leakage.

 

  1. Upgrade old electrical systems

Outdated wiring systems account for a number of home fires. If your home was built many years ago, the electrical systems may well be several decades old. Upgrading your electricals to new, safer systems can help you save on insurance.

 

  1. Erect a fence around your pool

Your insurer may already require you to install a fence if you have a pool to reduce the chance of someone wandering if your yard, falling into the pool, and drowning – and you getting sued for it. Ensure the fence is tall and complete with a self-latching gate.

 

There are many ways you can lower the cost of your homeowners insurance. At Falsken & Associates Insurance Agency, we help homeowners find the insurance coverage that suits their budget and needs. Contact us today to get started on your tailored policy.