How To Get The Best Rates On Homeowner's Insurance In Arkansas

Posted by Nick Niesen on October 29th, 2010

For the majority of people their home is their biggest asset and it makes perfect economic sense to want to do everything possible to protect that asset. One way to do that is to purchase homeowner's insurance.

When buying a homeowner's policy you want to make certain that you are buying the right amount of insurance. How much is the right amount? You want a policy that will cover the full replacement cost of your home and its contents in today's dollars.

In other words, you want a policy that will fully pay for you to rebuild your home ? exactly as it is today ? from the foundation up. You also need to determine the cost of your home furnishings and other possessions and include their full value in the amount of your policy. What you do not want to insure is the value of the land underneath your home. In case of a fire or other disaster, the land will not be destroyed.

All right. Now that you've talked with a contractor or a knowledgeable insurance broker regarding the cost of replacing your home and its contents, you need to find a policy that will give you the coverage you need at the best possible rates.

To do that you need to take a few simple steps that will keep the cost of your coverage as low as possible.

Start by cutting brush and weeds away from your home and any other building on your property. Keep shrubbery and weeds at least ten feet away to reduce the risk of fire.

Install outdoor motion-sensitive floodlights to deter burglars, and trim back bushes around windows so burglars don't have hiding places while they do their dirty work.

Install deadbolts on every outside door and make sure that every window, regardless of which floor it's on, has a working lock.

If you can afford to install a fire and burglar alarm system that is monitored 24/7 by a third party who reports directly to the police and fire department, you can save as much as 30% on your monthly homeowner's premium.

Inside your home make sure that you have installed the required number of fire and smoke detectors and that they are installed in all the proper places. Make certain each one has a fresh battery. Batteries must be changed twice each year.

Buy a fire extinguisher for your kitchen that is specifically designed for use in the kitchen.

Oh ? one final thing. Keep your credit rating good. Believe it or not, most homeowner's insurance companies take your credit score into account when setting your premium rate. The higher your credit score the lower your monthly insurance premium.

Now you are ready to jump online and compare the prices offered by different insurance companies. Don't think you can get by with making comparisons on just one website. Each site only compares a few different insurance companies.

If you want to make certain that you are comparing as many different companies as possible, you will need to fill out the form on at least 3 different websites. It's extra work ? but the result is that you will get the best rates on homeowner's insurance in Arkansas and save money month after month, year after year.

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Nick Niesen

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Nick Niesen
Joined: April 29th, 2015
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