Homeowners insurance is the best way to secure your investment and protect your financial security. It’s important to find ways to save money and make insurance more affordable. There are several ways you can save money when buying your insurance policies.
Comparison Shop
Shop around. Don’t just look at different policies. Check out different providers as well. Many will compete for your business.
Bundle Your Policies
The best way to lower all of your premiums is to bundle your home and auto insurance policies. If you have a boat, recreational vehicle (RV), or motorcycle, include them in the bundle as well.
Check for Discounts
Talk to your insurance agent about any discounts that may be available. Depending on where you live and your credit profile, your agent may be able to find a few discounts that will work for you.
Increase Your Deductible
Increasing your deductible will lower your premium. The more you agree to pay out of pocket, the less risk you pose to your insurance carrier.
Install a Home Security System
Installing a do-it-yourself (DIY) home security system is the best way to protect your home from unwanted threats and unnecessary damage. A few entry sensors and well-placed video cameras will allow you to keep an eye on your home no matter where you are.
Boost Your Credit Score
Keep a close eye on your credit score. Paying down your debt will improve your overall score and give you a financial boost. Your credit score may fluctuate, but the more you pay down your debt, the better off you will be financial.
Avoid Filing Small Claims
Avoid filing numerous small claims. The more claims you file, the more of a risk you become to your insurance carrier. Instead of filing a claim, pay for the small things out of pocket.
Reduce Unnecessary Risks
The best way to lower your insurance premiums is to lower your risk. Get rid of items like trampolines, tree houses, and jungle gyms. Put a privacy fence around your swimming pool and install exterior lights.
Manage Your Inventory and Review Your Policy Regularly
Go over your policy regularly and update your inventory list at least once a year. This will ensure you always have sufficient coverage for your possessions.
Need Help in Saving on Your Homeowners Insurance? Contact Steve Wilk
If you are looking for ways to keep your home insurance premiums under control, contact the agents of Steve Wilk Insurance Agency. We can find discounts you can count on and ways you can keep your premiums under control. Our professionals can help in meeting your desired plan in your budget.