Affordable Homeowners Insurance -- Sure-Fire Tips

You'll easily spend less for appropriate coverage if you have and make use of the right advice. But also bear in mind that you could save if you use the wrong tips. The only difference is that you'd put yourself at risk. I will, however, only make suggestions that will save you much while you still keep enjoying adequate coverage...

1. Installing advanced security and fire systems that are monitored 24/7 is a smart step. Not only will you get a considerable discount, you will also feel more secured bearing in mind that your home is constantly monitored. This can bring down your premium by more than 25% depending on your insurer.

Insurance Quotes

2. Using the same insurance carrier for multiple policies will get you a discount. This qualifies you for a multi-policy discount. However, you might be better served by getting your policies from different providers.

I'll explain further...

We'll operate in the assumption that you've got life, auto, health and home insurance policies. You can expect a huge discount from any insurer with whom you keep this many policies. Nevertheless, we will consider it from a rather global view to see another possibility...

To explain this we will assume your profile receives the following premiums with different carriers...


Insurer A

Life insurance: $2,590

Health insurance: $2,200

Auto insurance: $3,500

Home: $2,100


Insurer B

Life insurance: $3,100

Health insurance: $2,400

Auto insurance: $2,500

Home insurance: $2,400


Insure C

Life insurance: $2,900

Health insurance: $1,900

Auto insurance: $2,800

Home insurance: $2,700


Insurer D

Life insurance: $2,100

Health insurance: $2,300

Auto insurance: $2,750

Home insurance: $2,600


If, for example, you purchase all your policies from insurer A, your total insurance spend would be $10390. With a multi-policy discount of 10% what you will pay will drop to $9,351. Saving such can be termed big.

But let's see what you will get if you pick insurance company that gives the best rate for each policy...

Insurer A gives the best quote for home insurance at $2,100; Insurer B gives the best car rate at $2,500; Insurer C offers the best in health at $1,900 and Insurer D gives the best rate for life at $2,100. This will reduce your overall insurance costs to $8,600.

This is $751 less than what you will get if you opt for a multi-policy discount.

This might not really be the case for everybody depending on how well you shopped before purchasing. However, you'll do well to check first. Spend time to get and compare as many home insurance quotes from as many quotes sites as possible. The wider the range of quotes you get, the more you'll save because you will be able to spot the most affordable quotes available for your profile.

3. Have you stayed with your home insurer for up to 3 years? Then ask for a loyalty discount. Nevertheless, I don't expect that you stay with one insurer for that long just because you are waiting to qualify for a loyalty discount.

If it's about paying less, you will almost always be able to pay lower than you're paying at any point in time. The secret is doing very extensive shopping. Look for insurers that you've never obtained quotes from and get and compare quotes from them.

Insurance Quotes

4. There's the chance that you could spend less for home insurance if you take the time to check your policy either whenever there is a considerable change in your house or just always once of twice a year. That expensive fur coat might no longer be worth as much as when you got it.

If it is now worth less, you will then do the sensible thing: Reduce your coverage by the same margin and get more affordable premiums as a result. However, a review could show it's now worth a lot more and that you ought to increase coverage.

Get your free homeowner insurance Quotes and Save
Get no-obligation homeowners insurance Pnmium now and Save