Though it might never be ideal to play it cheap with coverage but there are ways you can still get good value for less and cut down on insurance premiums.
Start with Maintaining a security system. The insurance company gives discount to those with security gadgets in their owns it shows you are security concious and shows you are serious to protect your home. So you can use
a burglar alarm for monitoring
others like CO detectors, dead-bolt locks, sprinkler systems etc to protect your home for discount.
Raise your deductible
just like car or health insurance the higher the deductible the homeowner chooses, the lower the annual premiums. So you can try to fix problem with hundred dollars such as broken windows or damaged sheetrock from a leaky pipe. You would have lower premium as you take up these minor issues.
Maintain multiple policies to get discounts. The fact is that some insurance companies give a discount of about 10% or more to customers who maintain other insurance with them. So you try getting other policies you may end up saving on two premiums.
Plan well for your renovation especially for the material you would be using. wood-framed structures will cost more to insure. so If you plan to build an addition structure in the home, consider the materials that will be used so that you don't pay high premium.
Start with Maintaining a security system. The insurance company gives discount to those with security gadgets in their owns it shows you are security concious and shows you are serious to protect your home. So you can use
a burglar alarm for monitoring
others like CO detectors, dead-bolt locks, sprinkler systems etc to protect your home for discount.
Raise your deductible
just like car or health insurance the higher the deductible the homeowner chooses, the lower the annual premiums. So you can try to fix problem with hundred dollars such as broken windows or damaged sheetrock from a leaky pipe. You would have lower premium as you take up these minor issues.
Maintain multiple policies to get discounts. The fact is that some insurance companies give a discount of about 10% or more to customers who maintain other insurance with them. So you try getting other policies you may end up saving on two premiums.
Plan well for your renovation especially for the material you would be using. wood-framed structures will cost more to insure. so If you plan to build an addition structure in the home, consider the materials that will be used so that you don't pay high premium.
