Home insurance helps protect you from any major repairs that you might be unable to deal with on your own. However, your home insurance should not become an unnecessary expense in your homeownership journey. You need to shop around for a home insurance that saves your money. To help you take home insurance that does this, let’s give you 5 tips to help you save money on your home insurance.
Increase the amount deductible
While having a small deductible on your home insurance may seem like a good idea, increasing it may cut premiums by up to 10%. This is a significant cost saving that you can use in other investments. Talk to your home insurance company and they will help you structure increase your premiums to a level that you are comfortable with. Some of the best insurance companies such as Meridian insurance offer you sound professional advice on this issue. You can check out Meridian insurance home insurance offers on their website,http://www.mymeridianinsurance.com/cincinnati-home-insurance.
Combine it with your car insurance
To make the best of your home insurance, it is best to seek both auto and home insurance from the same company. This way you can save up to 15% on your home insurance payments. That’s because the company gets to process both payments at the same time. Besides, getting both insurance gives you the leverage to negotiate for better rates as opposed to when you are only paying for home insurance alone. When you take the two policies together, the company takes it as a sign of goodwill and trust.
Install a security system
Insurance companies will lower your home insurance premiums if they believe you are low risk. How do you lower your level of risk? Well, you can do that by installing a top quality security system. This assures the insurer that some of the risks associated with home insurance are mitigated, hence lowering the premiums for you. Some insurers can give you up to 10% discount just for installing a good security system on top of other mitigating factors such as a sprinkler system.
Establish a long-term relationship with one insurance company
Like every other business out there, insurance companies appreciate long term customers. That’s why you need to use this approach to negotiate for lower home insurance rates. To us this approach, try and stay with your insurance company for at least 2 to 3 years. At that point, you would have the leverage to negotiate for up to 10% deduction in your home insurance rates.
Fix your home before seeking home insurance cover
Insurance companies charge their premiums based on the level of risk. In the case of home ownership insurance, the insurer will charge more if your home looks like it might need repairs sometime in the near future. That’s why by having your home in good condition at the point of registering, you stand a chance to cut your insurance payments by a significant percentage. Those are cost savings you can redirect to other areas of your life.
Author:Jon Wise Phone: 312-287-8362 Dated: December 14th 2017 Views: 10 About Jon: Jon P. Wise believes customer service is a priority in building a successful business. He strives to...
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EXIT Real Estate Partners was founded in September of 2007 by Tom Sailer and Chris Hochstedt. Tom and Chris were both top producers with a locally owned real estate company for many years. When they recognized the benefits of EXIT International, they joined the EXIT team in 2006 and opened the new office a year later. In 2010 top producer Brian Kwilosz joined Tom and Chris in partnership of EXIT Real Estate Partners.
EXIT Real Estate Partners is a full service Real Estate Company dedicated to quality service for their clients' needs. This website is provided to assist you in becoming a better informed buyer and seller of Real Estate. If you have any further questions, please feel free to call our office or contact us by email, we will get back to you promptly!
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"Brian Kwilosz is by far the best real estate agent I have had. I have worked with a hand full of agents before but it only takes comfort with one to know you can trust what they say, who they recommend, and feel comfortable that he has your best interests in mind. Not only is Brian a top notch agent but he is a quality individual. The respect I felt from him was refreshing. Not only did I have to spend time with this individual but I knew that with each moment I was with Brian driving around that he was always showing me what he had learned through listening to my comments and helping me narrow down my choices. This resulted into me buying the home I am in today - which I love and it feels so right... Thank you Brian. Not only for helping me narrow down my choice to this perfect home but for also recommending individuals / companies, when needed, that are as reliable as you. I would definitely recommend Brian to anyone who is looking for a home. 2 enthusiastic thumbs up!!