Here are a few ways to save money on your home insurance:
1) Multi-Policy discount: If you insure your car and home with the same company, usually there is a discount for that. Some companies, like Erie Insurance, give you the discount on the home and the auto policy so that is double the savings!
2) Increase your deductible: Most quotes come standard with a $200 or $500 deductible. If you increase your deductible to $1000 instead you save money on the annual premium you pay for insurance. You can go higher than that with the deductible too, like $2500 for example, but from my experience you start to lose the benefit at that level. $1000 seems to be the sweet spot!
3) Shop around: Yes, you read that right, every company has different rates, policies and coverage. We know your time is valuable, so we automatically shop around for you. When you contact us for an insurance quote we check with all the companies we work with to see who is the best fit. We don't just leave you out to dry either, every three years we do this again for you to be sure you are still getting the best protection for the least expensive price.
4) Protection: Do you have a central station fire and or burglar alarm? There is a discount for that. Hard wired smoke detectors? Discount! How about windstorm protection devices - like exterior shutters or special windows? Discount!
There are other discounts too, if you are a member of a homeowners association, retired, or a 'green' energy discount.. and more.. depending on the company you are with and your specific situation. Check out the Research Center on our website these secrets and more are available there.
In the meantime, please let me know if you have questions or need more information or would like us to shop around your homeowners insurance for you!