4 Ways to Secure the Best Deal on Home Insurance

Home insurance is a little bit of a grudge purchase. It’s the kind of thing we all know that we need, but buying it can often be a bit of a hassle. Just because it’s not the most enjoyable purchase (a new pair of shoes always seems so much more satisfying, don’t you think?) it doesn’t mean that you shouldn’t try to get a good deal. The money you save on your insurance policy could be spent buying all those things you’d rather be shopping for in the first place, so make the effort and you’ll be rewarded!

There are plenty of ways in which you can reduce the amount you pay on your homeowners insurance, so we’ve put together a list of four ways to save.

  1. Shop Around

 As with anything, it really does pay to shop around with insurance. Luckily, the rise of this handy little thing called the Internet means that instead of calling numerous insurance agencies to find out their quotes, all you have to do is find a good homeowners insurance comparison site, type in your requirements and hey, presto! You’ll be presented with a range of options! This will allow you to hone in on exactly what it is that you need from your insurance policy, and figure out which one suit you best.

  1. Remember that Cost is Not the Only Factor

 A lot of people are seduced by low price tags when they’re hunting around for insurance, and as a result end up with a policy that isn’t right for them. You need to find something in your budget, yes, but you also need to find a product that is going to give you the protection you need. Saving a few dollars a month on a cheap policy is all well and good until the time comes to make a claim and you realize you’re not adequately covered!

  1. Beef Up Your Home Security

 Another great way to save on your home insurance policy is to make sure you have a good home security system in place. Alarm systems, video intercoms, deadbolts, security gates and lock-up garages all contribute as ticks in your favor with insurers, which mean they’ll be more likely to offer you a good deal on your policy. In addition to this, you’re much more protected from burglaries in the first place, so it’s really a win/win.

  1. Combine Policies

 Another great way to save money on home insurance is to combine it with an existing contents, car or life insurance policy. Holding multiple policies with the same provider should give you a discount, and if it doesn’t you should ask them why not! You’ll find that there is also room for haggling with insurance policies, wherein many agencies will offer you a quote that matches or beats a quote from another company. Don’t try to bluff them, though—most insurance sales people have a fairly good idea about what their competitor’s bottom line on pricing is!

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