Saving on Home Insurance: Tips for Cutting Costs

Everyone is searching for a way of cutting costs, a method to lower their overall monetary expenses. Saving on home insurance is a reasonable, viable option when choosing to take control of your finances. There are several discounts available; the variety of practices used in saving on home insurance can be endless.

Something you can easily do yourself to save on home insurance, is to be certain that your home is safe. By securing your doors with deadbolt locks, and placing fire alarms and extinguishers in your house, you can save thousands of dollars a year. Also think about installing a burglar alarm that alerts the police, and a sprinkler system. Some insurance companies will even offer major savings of up to 20 percent if a security system is installed in your home.

Consider raising your deductible. The higher the deductible, the lower the premium. An average home insurance deductible will start at $250. If you were to increase your deductible to $500, you could save approximately 12 percent. Raising your deductible to as high as $1,000 could give you a discount as great as 25 percent.

If you have been associated with the same company for a long time, you are probably entitled to a price deduction. Some companies will cut their premium by up to 5 percent if you have been with them for at least three years. You may also be eligible for a discount if you are over 55 years of age and retired. Insurance companies have deduced that older retirees are more attentive to their homes and have more time to maintain them them than employed individuals.

Remember to review your policy annually to make the proper adjustments. Also realize that while several companies may offer discounts, the reductions may not all be identical, or the same amount in all 50 states. If you are not sure, you need to check with your home insurance agent.

Timothy Gorman is a successful webmaster and publisher of Best-Free-Insurance-Quotes.com. He provides more insurance information and offers discount home insurance, life and auto insurance that you can research in your pajamas on his website.

---

Tips for Choosing a Life Insurance Company

More than 150 insurance companies offer thousands of life insurance... Read More

Seven Steps to Filing Your Car Insurance Claim

Having even a teeny-tiny car accident can be one of... Read More

How to Shop for Individual Health Insurance

If you find yourself in the position of shopping for... Read More

Why Dont Insurance Companies Reward Us for Being Healthy?

Insurance is always a gamble, a bet actually.You are betting... Read More

Japanese Overseas Travel Insurance

If you are an expatriate planning on long-term residence in... Read More

Online Insurance: The End of the High Street Broker?

When I was a lad, some 25 years ago, the... Read More

New Concepts in Car Insurance - Pay as You Drive

You can pay as you talk with a cell phone... Read More

How To Get Cheap Whole Life Insurance Quotes

Whole life insurance quotes the most expensive kind of policies... Read More

Choosing Long-Term Care Insurance

A little over sixty percent of the folks who reach... Read More

Life Insurance Leads, Insurance Leads, and the Online Lead Generation Business

I've long wanted to write an article about Internet Leads... Read More

Life Insurance, the Universe, and Everything

You may have noticed that life insurance is coming back... Read More

10 Ways to Lower Your Auto Insurance

Nowadays, auto insurance is really expensive. A typical insurance policy... Read More

Life Settlement: Towards A Free Market for Life Insurance

The Life Settlement market is all about providing due access... Read More

The Immorality of Guarantee Issue Health Insurance

While there are genuine debates about whether privatized health insurance... Read More

Flat Insurance in the UK

What are the factors involved in flat insurance? Do I... Read More

Basic Coverage of Homeowner Insurance Policies

The insurance policy is a package that includes more than... Read More

Medical Bills - Evaluating Your Personal Injury Insurance Claim

The value of a personal injury claim has a direct... Read More

Insurance Providers Weather the Storm While Consumers Flounder

We have just had the first year's anniversary of the... Read More

Car Insurance No Claims Bonus Explained

No Claims Bonus is a term used to describe the... Read More

Tips On How To Save When Buying Car Insurance

If you want to save money when you purchase your... Read More

How Do I Lower My Auto Insurance Premiums?

It seems as though the price of everything is on... Read More

Guide to Life Insurance

Here is a useful guide to life insurance. Simply put,... Read More

Is an HSA a Type of Insurance?

A Health Savings Account (HSA) is not a type of... Read More

Disability Insurance For The Long Term

Disability insurance covers you for an extended period of time.... Read More

Self Employed Health Insurance - Tips For Getting Cheap Health Insurance When Youre Self Employed

If you're self-employed and facing high health insurance bills, there... Read More

Travel Health Insurance - Understand the Benefits

If you're planning an overseas trip, you need travel health... Read More

Reducing Soaring Insurance Claim Costs

With the soaring rise in claims to insurers from their... Read More

California Catering Truck Insurance

Catering truck insuranceNot many agents/brokers write catering truck insurance as... Read More

Mortgage Insurance Plans: How Good Is Yours?

Mortgage insurance, to pay off a mortgage, is something you'll... Read More

Is Your Financial Security at Risk?

The topic of insurance is not sexy by any means.... Read More

Shopping Options for Auto Insurance

Shopping for car insurance can be a big undertaking. It... Read More

Cut Business Insurance in 8 ways

1. Comply with recommendations from company engineers and loss control.... Read More

Is Your Auto Insurance Company Rated?

Several national rating institutions rate insurance companies. Do coverages, rates,... Read More