Get Homeowner's Insurance For Less?
For almost all homeowners, paying for homeowner's insurance is a
necessity which is typically required by a mortgage lender and any
association that the homeowner is a member of. While it can be
expensive, there are ways to save money on homeowner's
insurance.
The first way to save money on homeowners insurance would be to
compare prices from various insurers and negotiate. To bring in a
new customer, many insurers may entice you by offering a reduced
premium. You could save money by either accepting the new premium
or using it to negotiate with your current insurer.
The second way to save money on homeowners insurance would be to
combine all of your insurance needs into one policy. When combining
your policies, including auto and homeowners insurance, you could
receive a multi-policy discount, which would cut your premium by
10% or more.
The third way to save money on homeowners insurance would be to
re-evaluate your insurance needs. Depending on your situation, it
is quite possible that you are over insuring yourself. While this
provides excess protection, it could end up being a waste of money
and could be avoided by re-assessing how much insurance you really
need.