This article is about other things you can do to get cheaper rates. Here they are with a precaution you you'll do well to take...
1. If your locality has a Neighborhood watch, that should fetch you a discount. Don't forget to tell your agent if your neighborhood has such for a well-deserved discount. And, if you don't have it in your neighborhood, you can initiate one. You will not only bring down your rate by doing so. You will as well help reduce your neighbors'.
2. A home without fire escapes is NOT really safe as a home should be. Does yours have them? Don't fail to tell your agent about this or you might lose the discount you should get. And don't fail to tell your agent even if they are as simple as rope ladders for rooms in the upper stories of your home. Ensure that you have a fire escape except you do not want to take advantage of this discount. And don't forget to find out from your agent what your insurance company counts as a standard fire escape because complying with that guarantees savings.
3. We sometimes want to renovate our house. Bringing down your rate might not even have crossed your mind. You simply want to see your house in good condition and that is all.
If you do this you will qualify for more affordable rates So don't forget to tell your agent.
Just like for new homes, an insured is less likely to make a claim on a just renovated house because most things will be in perfect condition. This means your insurer bears a lower risk and this means you'll get a lower rate. However, since not all renovations are of the same scope, the discounts offered are also not the same.
4. Set up your account to pay your premiums automatically and you will get more affordable rates for that. Just let your bank know that you want an EFT (Electronic Fund Transfer) in favor of your insurance carrier. Apart from being more convenient, you will get a discount for this.
5. Every typical garage has oils, gas and other liquids that are highly inflammable in nature. So your rates will be lower if your garage is located at a safe distance from your main structure. Find out from your agent by what level this will lower your pemiums.
6. Since the major reason for getting homeowners insurance is to be sure you're adequately protected from the risks associated with a home loss or damage, I'll include this notwithstanding that it's not usually added to a homeowners policy. Folks who buy houses in flood-prone locations pay an additional $400 yearly on flood insurance. Apart from if you're paying for your home cash, be informed that a flood insurance policy will be insisted on by every mortgagor if your home is in a flood-prone area. Unless you know that additional expense is worth it, you'll get lower rates if you buy a home in localities that won't need flood insurance
Author Resource:
To get more tips visit Home owners Insurance Quotes and Cheap Home Contents Insurance . Chimezirim Odimba writes on finance.
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