12 Ways to Lower Your Homeowners Insurance CostsDeniese L. Zeringue
The good news is insurers provide a variety of discounts and incentives that can help you lower your homeowners insurance premium. Here are nine ways to save. 1. Increase your deductible A quick way to reduce your premium is to raise your homeowners insurance deductible, the amount you pay if...
I’m looking at buying my first home, so I’ll be needing to get home insurance. I liked how you suggest raising my deductible to help me save some money on my homeowners insurance rate. I’ll definitely look into doing this to ensure I have a rate that I can afford. Reply Neal Fr...
How much you'll pay for insurance varies depending on your location and the age of your home, but the average annual homeowners insurancepremium is $1,200. That can feel like a big expense, but knowing you'll be reimbursed if something happens to your most valuable investment can be pricel...
Tips To Lower Your Home Insurance Premiums The average homeowners insurance policyincreased 55% from 2019 to 2023. Prices increased at an even faster pace in certain areas, including parts of California and Florida. For example, some homeowners in West Palm Beach, Florida,saw their premiums rise...
The most commoncar insurance discountsfall into a few general categories: Bundling discounts:Most insurers that offer auto insurance also sell homeowners insurance — and if youpurchase both productsfrom the same insurer, you’re typically granted a discounted rate on both. You may also be eli...
The most commoncar insurance discountsfall into a few general categories: Bundling discounts:Most insurers that offer auto insurance also sell homeowners insurance — and if youpurchase both productsfrom the same insurer, you’re typically granted a discounted rate on both. You may also be eligible...
Here's how to lower your bills and save on your monthly expenses in these categories: Housing Lowering your housing costs is a heavier lift than, say, trimming your grocery bill, but doing so can yield big savings. Learn how you can save on your rent, mortgage and homeowners insurance. ...
Keep an eye out for lower-profile home insurers that don’t advertise on TV, too. The property insurance business is fertile ground for disruptors with novel business models (or, simply, better ways of doing business). Newer entrants often cater to cost-conscious homeowners in high-risk areas...
Doing relatively simple things like installing smoke detectors and burglar alarms could get you a lower premium. Bundling your homeowners insurance policy andauto insurancepolicy or other coverage can also result in savings, but you’ll have to get estimates and crunch the number to see if that’...