Lower Your Homeowners Insurance
Homeowners insurance is a must. Not just because mortgage companies require it, but it just makes common sense to insure one of your largest assets. The price you pay for your homeowners insurance can vary greatly depending on the insurance company, your coverage, and even your credit history.
When buying homeowners insurance, here are a few things you should consider:
Shop Around. Remember it isn’t just about securing the lowest price. It’s also about finding a company that has quality service should you need to file a claim, or that can provide you options that will work well for your particular situation.
Increase Deductible. The higher your deductible, the more money you can save on your premiums. Most insurance companies recommend a deductible of at least $500. If you can afford to raise your deductible to $1,000, you may save as much as 25%.
Multiple Policy Discount. Some companies that sell homeowners, auto and liability coverage will take 5 to 15% off your premium if you buy two or more policies from them.
Home security. You can usually get discounts of at least 5% for a smoke detector, burglar alarm or dead-bolt locks. Some companies offer to cut your premium by as much as 15 to 20% if you install a sophisticated sprinkler system and a fire and burglar alarm that rings at the police, fire or other monitoring stations.
For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513.
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