Homeowners Insurance -- For Folks Who Want More Affordable Rates

Do you want to reduce your homeowners' insurance rate? Then your search stops here as this article will explain steps to take and lead you to all the resources you need to get the cheapest rates. I'll discuss many sure-fire tips that will make the difference. And this will be without reducing the level of coverage you get. Here they are...

1. It pays to buy more than a policy from the same insurance carrier as this will attract massive savings. Insurers offer discounts (multi-policy discounts) for policyholders who buy multiple policies from them. Even though you'll receive discounts for purchasing multiple policies from the same insurance company, you may save more by buying each of your policy from different insurance companies.

2. You lower your home owners insurance rate by taking steps that will make your house more disaster-proof. Apart from making sure that you have all in place to prevent fire and burglary, the following are recommended for different areas...

a. Storm shutters will give your home better protection from wind damage.

b. Using a heavier roofing material will make your home more insurance friendly thereby allowing you save more on your home owners insurance rates if you live in a windy area.

c. If you reside in a state where earthquakes are a threat, you will save if your house is retrofitted for earthquake protection.

d. For those who have trees on their properties, you will save yourself in your homeowners' insurance premium if you make sure you cut off every dead or dry branch since these can easily cause injuries or damages that will lead to liability claims.

e. Ensure that you do not have tree branches with limbs above your roof or near your house. A tree can aid burglars and their branches can also fall off and destroy part of your house. Furthermore, having these over your roof could greatly lower its lifespan depending on the material used.

Your agent will tell you other things that you can do to make your home a better risk to your insurer.

It's also important to check if the discount you will receive justifies the cost of applying the advice. Use those that justify your expenses and you will get better rates.

3. Don't insure your house along with the land it is standing on as this will cost you more but needless. People do this ignorantly. You've made same mistake if you insured your house for the price you bought it without checking the cost of the land it's built on and subtracting it.

If you did such ignorantly, you need to review your home owners insurance coverage and go through it again with your agent. Subtract the value of your land and buy coverage only for your house and its contents.

Doing this will reduce your rates by a huge margin and still have enough home insurance coverage. Because insurance is for things that can't afford to lose, insuring the land which can neither be lost or damaged isn't a smart move.

4. The level to which you improve your roof could make you eligible for a discount. This is particularly true if you reside in the East where high winds are a serious threat. You can get tips from your agent on how you can reinforce your roof and get discounts as a result. Fitting weighty shingles is one way to do it.

5. You may be paying much more if you've got a government home owner insurance policy. Certain areas used to find it difficult to get home insurance coverage. The only remedy for such people then was to go to a government agency that offered government homeowners' insurance. But this has changed in some areas as some private insurance companies have braved it and worked out a means of offering insurance to such places.

Some may still have little or no other way of obtaining home insurance coverage apart from a government home owners insurance. Nevertheless, this is not generally the case as you may get better coverage at a lower price from some private insurance companies.

6. You can bring down your homeowner insurance costs by getting and comparing quotes from at least five reputable insurance quotes sites.

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