THURSDAY, MAY 3, 2012
Getting the right home insurance policy is very important in protecting your property against natural disasters, theft, vandalism, fire etc. The coverage in the policy is dependent on the total value of your house and the contents, but the premium is dependent on the construction quality, security system and location. You can find cheaper home insurance if you follow the 5 tips stated below.
 1. Get Multiple Polices From The Same Provider
There are many different insurance providers available for you to choose from. Some providers offer discounts to those who buy multiple insurance policies from them. For example, if you buy home and auto insurance policies from the same company or agency, you might get a discount of 5 to 15 percent. Not only will this lower your premium rate but it can also save you time and hassle of finding another insurance provider to cover your home or car.
2. Shop Around
Even though shopping around for different insurance providers in the market requires time, it is definitely worth it because you can save money by doing so. Ask your friends and families for recommendations, check the Yellow Pages, or search on the internet for insurance companies near you. Once you find a couple of good home insurance companies, be sure to call them up or visit their site to get quotes. This will help you compare the policies offered in order to pick the right one for you and your home.
3. Choose Higher Deductibles
When buying insurance, it is important that you keep in mind that the higher the deductible the lower the premium. The deductible is the money you will have to pay for the loss before the insurance provider starts paying. So be sure to look at the different deductibles offered to you by each home insurance provider in order to compare and decide whether high premium or high deductible is best for you.
4. Improve Your Home
Another way to save on home insurance is by making simple improvements to your home. You will need to focus on security equipments and devices, as the more secure your home the cheaper the insurance will be. You can often save up to 5 percent just by installing burglar alarms, smoke detectors and so on.
5. Know What You Need
You will come across many different types of coverage when searching for the right home insurance policy. Know what types of coverage you need will make the process much simpler and keep you from buying coverage that will be of no use. Make sure you read your policy carefully or go over it thoroughly with your agent to make sure you understand what is covered and what is not.
Let us shop for you! As an Independent Insurance Agency we represent some of the top insurance companies and can compare rates and coverages with each of these companies to ensure you get the best value on your home insurance. Or get a free instant Louisville home insurance quote right now. In less than 5 minutes, you can compare rates from multiple insurance carriers and choose the best policy with the right coverages to meet your needs.
By Matt Reynolds - Google+
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