Finding Affordable Homeowners Insurance Quotes
Today not only are interest rates at all time lows, but homes are more affordable than ever. In these difficult and tumultuous economic times, getting the right Homeowners Insurance quotes at the right price
is important to the budget minded consumer. It might seem like a formidable challenge to find the cheapest home insurance, but you just need to get informed and learn some basics and you will
be on your way to saving money and getting great coverage too.
- How Much is Homeowners Insurance
Often times to the new homeowner, that is a big unknown fear. Many first time buyers know next to nothing about home insurance and fear high rates could sabotage their ability to afford their dream home. In reality, getting the best homeowners insurance can be surprisingly affordable. Lets take a look at some of the key elements that will determine the basic cost of your coverage.
The first and most important key in determining your rate is location. Not only is location important to the value of your house but the environment surrounding your home and the general area will greatly determine your rates. Insurance companies have detailed claim profiles on every zip code in the United States. In addition to this, Insurance companies have surveyed and determined the safety of almost every region in the united states and the affordability of your homeowners insurance will greatly depend on this. If you live on a ledge that in years past for example had a mud slide and destroyed several homes, then you can expect to pay a lot more. If you have a house in a proven earthquake fault zone, then of course you are going to pay above average home insurance rates. So if you are thinking of moving, it is so important to take into consideration the area you are moving to and to do some research to find out anyd natural safety hazards that the insurance companies are sure to already know about.
Install a security System
Once you have your home and location set, then there are some other, often times often overlooked measures you can take to get a lower rate. The first thing is to get a security system installed in your home and apply all the stickers and even a small security sign prominently in your front yard. This one simple step could save you up to 20% on your coverage. The savings you will receive on your policy could nearly pay for your security service. There are a lot of home security companies around, so be sure to check rates and see who is the cheapest. Next, make sure all of the doors that lead in and out of your house have dead bolts. This will greatly reduce the possibility of a home burglary invasion. After you have take these two steps, then make sure you let your insurer know about it and demand a discount. If you are applying for a Home Owners Insurance Quote then be sure to include these.
Get a Smoke Detector
Another simple and cost effective tip is installing smoke detectors throughout your home. Home Insurance companies know that most fires if caught quickly enough can be put out thus avoiding the possibility of catastrophic
structural damage due to a fire. If you don’t have smoke detectors get them and you can expect to get a lower rate.
The Age of your Home
New homes are considered to be built much safer than homes years ago and are less prone to structural damage in the event of a disaster – whether that be fire, tornado or even flood damage. If you are debating on buying an old house or a new house then you should take into consideration that premiums on that new house will be a lot lower. Also, another important tip to remember is that many home insurers offer discounts to your coverage if you have remodeled your home and made it a lot safer. This could be a new stronger roof, installing earthquake reinforcement pillars and even replacing highly flammable material with less dangerous items. After you have completed a remodel be sure to get an online quote and get your rates reduced.
Homeowners Insurance Quotes
The most important thing to do before you buy a policy is to shop around. Insurance Companies have drastically different rates on Home Insurance and it is extremely important to get Homeowners Insurance Quotes with at least five reputable companies before settling on one. Just a few minutes of your time could literally save you hundreds of dollars. If you take your time and get multiple home insurance quotes and ask for any and all available discounts, you should be able to find a great rate. Another smart move is to bundle your car insurance with your Homeowners Policy. This simple move could not only save you a lot of money on your homeowners coverage, but also on your automobile coverage.
Getting a quote is as easy as filling out a short 2 minute form. All the hard work is done for you and you will be matched with up to 5 home insurance providers that will give you their best rate. Get a quote now and get a better homeowners insurance rate and start saving.