Affordable Homeowners' Insurance Rates -- Recommendations For People Who Want Bigger Discounts

You can lower your homeowners insurance rate considerably by downgrading the quality of coverage you get. That's NOT advisable. Nevertheless, you can get cheaper homeowner insurance rates for better coverage if you know the things that matter and take necessary precautions. I'll show you how...

1. Install special fire and security gadgets that alert fire stations, police stations or other monitoring center. Not only will you enjoy a huge discount, you will as well feel more secured bearing in mind that your home is always monitored. This can lower your premium by more than 25% depending on your insurer.

2. The more claims you file the higher the risk linked with giving you insurance. Filing too many claims will lead to your house being seen as a bigger risk than it really is. You'll get a more expensive premium as a result of this bigger risk perception.

So if it is something you can handle with relative ease, do NOT file a claim. You will be keeping your premium low by doing that.

3. Motion-sensitive lighting reduces your home's risk of burglary and, therefore, makes it easier for you to get cheaper homeowner insurance premiums. Burglars will avoid any place where their movement will be easily spotted. And motion-sensitive lighting does this precisely. Since thieves keep off from homes with such lighting, you reduce your home's risk of burglary and, consequently, your rates.

4. When applying, select a high deductible because it lowers your rate. If you've already bought an homeowner insurance policy that you are very happy with, increase your deductible.

Your deductible is the amount you will have to pay if you make a claim before your insurance company would be under obligation to fulfill the terms of your homeowners insurance policy.

A person who previously opted for a deductible of $500 will save as much as 25% more if they opt for a deductible of $1,000. The higher your deductible, the lower your homeowners' insurance premium. Just ensure it's an amount that you can produce easily when you file a claim.

Let it be as high as you can easily cope with.

5. Do you have a fire extinguisher or fire extinguishers in your house (depending on the number of fire sources presently in your house)? If you don't have any other place, make sure your kitchen has one. You must also make sure it's the best for your type and size of kitchen.

A fire extinguisher is only useful if it can be reached and also works well. So ensure that it's in its best condition and accessible. Doing this will help you reduce your premiums.

6. You will save a lot of dollars by visiting not less than five homeowner insurance quotes sites. That way, you'll increase your chances of getting the lowest quotes possible because five sites will present up to 25 quotes altogether.