Home  ‌  Submit Link ‌  About Us ‌  Link to Us ‌  Contact Us ‌  Site Map ‌ 

8 Easy Tips for Cheaper Home Insurance

By: Christopher Andrew

No one likes paying for home insurance, but it's a necessary evil for most of us. This doesn't mean you have to pay through the nose for it though - try these 8 easy tips for cheaper home insurance and see how much you could reduce your premiums by.

- Shop Around

By comparing prices from several insurance companies, you'll probably be able to reduce your premiums by a substantial amount. This may seem obvious, but research has shown that a surprisingly large proportion of people either just renew their current policy, or get only one or two quotes. Many insurance web sites will automatically compare dozens of policies for you, making this one of the easiest ways to reduce your insurance bill.

- Buy online

If you buy your policy online you can often get a discount of up to 20% on normal prices, because there are less administration costs involved and the savings can be passed on to you.

- Combine your buildings and contents policies

Many insurers will give you a discount if you take out both types of home insurance with them, and this usually works out cheaper than getting the two kinds of policies from different companies.

- Pay upfront

Although most insurers let you pay your premium in monthly instalments, many will charge interest for this. If you can afford to pay a full year's premium in advance, then this will work out cheaper in the long run.

- Don't claim for small amounts

Making many small claims can increase your insurance costs, as your insurer may see you as a greater risk and increase your premiums. You will also lose any no claims discount your policy has. Of course, you're entitled to claim for anything your policy covers, but ask yourself if making a small claim is really worth the hassle and possible future costs.

- Voluntary excess

This is related to the last point. Insurance policies feature something known as 'excess', which basically means that the policy won't pay out on claims below a certain value. On some policies, if you choose to raise your excess to a higher level, then your premiums will be lower.

- Increase your home security

Beefing up your home security with better door locks, window locks, outdoor lighting, and alarm systems can all result in lower premiums. Ask your insurer what you could do to get extra discounts.

- Reduce your cover

Many policies feature benefits that you might not need, such as cover for personal possessions while travelling, or 'free' legal advice. Look through your policy and see what parts of it you really need - by cutting your cover down to size you may be able to reduce your premium.

Article Source: http://www.FindAffordableInsurance.com

For more info about disaster insurance, homeowners insurance, title insurance, please visit this insurance directory.

Please Rate this Article

 

Not yet Rated

Click the XML Icon Above to Receive Property Insurance Articles Via RSS!
Additional Articles From - Home | Property Insurance
Auto Insurance
Bond Insurance
Health Insurance
Insurance Claims
Insurance Resources
Liability Insurance
Life Insurance
Property Insurance
Reinsurance
Specialty Insurance
Travel Insurance
Submit Articles
Member Login
Top Authors
Most Popular Articles
Submission Guidelines
Ezine Notifications
Article RSS Feeds
Home  ‌  Submit Link ‌  About Us ‌  Link to Us ‌  Contact Us ‌  Disclaimer ‌  Privacy Policy ‌  Site Map ‌ 
Copyright 2007 - 2009 by FindAffordableInsurance.com All rights Reserved.
Our directory has useful insurance articles, pet insurance, consulting insurance articles, dental insurance articles, diving insurance articles and marine insurance articles.