How To Get A Lower Homeowner Insurance Quote

Posted by Nick Niesen on October 29th, 2010

The biggest investment most people make in their life is buying a home. It only makes sense that protecting that investment is a number one priority for these homeowners. What most homeowners may not realize is that it is incumbent on them to not only provide their own homeowners insurance but to also make sure that it provides adequate coverage and protection for the value of the home and its contents. There are any number of potential disasters that could cause significant damage or even total loss of a home, including hurricanes, fires, floods, earthquakes, hail storms, and tornados.

To make sure you have the right coverage for your area but also the right amount to cover any damage or even the total loss of your home and all your possessions you will need to either meet with an insurance company representative or fill out an online insurance quote. Homeowner insurance can be quite expensive depending on the value of your house and where you live. If you want to save some money and get a lower homeowner insurance quote here are a few tips that may help.

1. Combine Insurance Coverage's ? There are insurance companies that will offer a discount if you get a quote to cover your home and automobiles under the same coverage. In fact a great majority of companies offer both kinds of coverage's so it doesn?t hurt to ask because you could save up to 10% off your premium.

2. Shop Around ? There are a lot of insurance companies out there competing for your insurance dollar. Many offer discounts of different types to get your business so it pays to gather as much information about each company and what discounts they offer before you ask for a quote.

3. Fire Alarms and Security Systems ? All insurance providers will give discounts if you have fire alarms and/or a security system installed. Most new home these days come with fire alarms (because of building codes) but security systems are usually extra. The distance from your home to the nearest fire station may also afford you an extra discount.

4. Increase your Deductible ? If specify that you will increase your insurance deductible your homeowners insurance quote will be lower. Just be careful not to lower it more than you can afford if your home were to sustain some sort of damage.

By following these four tips you may be able to lower your homeowner insurance quote and save some money.