Four Small Ways To Save More On Your Homeowners Insurance

As a homeowner, there are already many expenses that you need to spend yearly on your home so saving on these costs can help you live that much more comfortably. While you might be aware of some of the basics of saving money on your homeowners insurance, here are four smaller ways that you may not have been aware of:

  1. Find Obscure Discounts: Every year, homeowners insurance companies offer discounts on their policies for the strangest reasons that many homeowners don't think to ask about. However, you can usually find a list of discounts on your homeowners insurance company's website or you can go in person to ask about what discounts they are offering. For example, some will offer discounts for homeowners who don't have anyone living in the home who smokes. You can also get a discount for not owning any pets, setting up automatic payments, and more. Many people will apply to these discounts, so be sure that you are taking advantage of them. 
  2. Make Your Home Secure: Making your home more secure is not only beneficial for your well-being, but also for your wallet. You can save on your homeowners insurance by installing alarms, updating alarm systems, and installing certain features, such as storm shutters, deadbolts, and updated window locks. If you aren't sure what else you can do, talk with an agent who can let you know what your home doesn't currently have that will apply for a discount once it does have it. 
  3. Improve Your Credit Score: Improving your credit score can go a long ways for any kind of financial situation, including your savings on homeowners insurance. When you improve your credit score even if it just means reporting mistakes, you can expect to see lower rates on your insurance every year. 
  4. Don't Stick With the Same Company: All too often homeowners believe that they need to stick with the same insurance company. However, this isn't the case. If another insurance company is going to offer you a better rate, which you should be checking for every year, then you want to let your current insurance provider know so they can either match it or offer you something even lower. If they don't do either, it's better to switch for the financial benefits it provides. 

When you know these four smaller ways to save, you can be spending even less on homeowners insurance every year to guarantee that your home expenses overall are allowing you to live more financially comfortable. Contact an agency, like Stanger Insurance , for more help.