Are you paying too much for your home insurance? Use this list to find out how you can lower your premiums and start saving money.
- Raise deductibles.This is a great option if you regularly keep enough money set aside to cover the higher deductible. Raising your deductible by just $1,000 may result in significant saving on your premiums.
- Purchase multiple policies with the same insurance company. Many insurance companies offer a discount to customers who have more than one policy, such as home and auto insurance, with them.
- Maintain a good credit rating. Some home insurance companies offer a discount for customers who have a good credit score. If your score isn’t great, take steps to improve it and take advantage of the savings.
- Install security devices. Most companies give discounts for homes that have burglar alarms installed, especially those that are monitored and automatically call the police. Other discounts may be available for smoke detectors, sprinklers and deadbolt locks.
- Install protective features. Depending on the area were you live and your insurance provider, you might be able to get a discount for protecting your home against disasters. Home upgrades such as shutters and anti-flooding measures could qualify your home for a discount.
- Ask your insurance company. There may be many types of discounts available that you qualify for, such as a senior citizen discount or marital status discount. It never hurts to ask. If you have a policy through Assure America, call us at (304) 723-4600.
- Quit smoking. The risk of fire increases if there is a smoker living in the house. Because of this, some insurance companies offer a discount to non-smokers. This will likely save you money on life insurance as well.
- Make your home more energy efficient. Some companies are beginning to offer discounts for customers who make more environmentally friendly choices for their home. Check with your insurance company for details on what is required for this discount.
Please feel free to contact us at any of our locations in Weirton, Wellsburg and Chester in West Virginia; Steubenville, Ohio; Louisville, Kentucky; or Pittsburgh, Pennsylvania.