Many people may not realize it but there are many ways you can save on your homeowners insurance, whether you are buying a new home or you currently have home insurance. Here are 5 tips that will get you off to a great start on saving your hard earned money on your home insurance.
5) Keep claims off record
Try not to submit those small claims. You have homeowners insurance to protect you from things like being sued or a house fire, BIG LIFE EVENTS. So don't submit your small claims. In fact, having around $2,500 emergency fund just for your house repairs that normally you could claim, but instead use that money it will save you in the long run.
4) Bundle Car and Home
Combine your Car and Home insurance and bundle it with one provider. Here at Hannigan Insurance we always tell you the rate with and without the bundling. We see that people who bundle their home insurance with their auto are qualified with more providers and actually lower their home insurance by 25%!
3) Occupation discounts
All of our agents here at Hannigan ask detailed questions such as what you do for a living. We only want to know this so we can hopefully get you into an Occupation Discount. There are many to name, but occupations such as Engineers and CPAs actually can reduce your homeowners insurance premium by up to 20%.
2) Raise your deductible
We always recommend you take at least a $2,500 deductible. This goes back to tip #1 in that you won't want to submit anything under $2,500 anyways. Keep that emergency fund for those small claims.
1) Shop around
People don't usually think to shop for home insurance. Shopping for Homeowners insurance can be boring and is definitely not sexy or fun. You can pick up the phone book and call several different insurance providers and give them your information each time, or you can simply go to hanniganinsurance.com, fill out your info and within 10 minutes or less we find you the cheapest rates from over nine different providers!