If you are unsatisfied with the rate that you are currently paying for your home insurance policy premiums, it may be worth your time to investigate other companies and new policy options.
Lowering your home house insurance rate can be a great way to cut down on your monthly expenses and make every dollar work for you in this tough economy.
In order to get a lower home insurance rate, you shouldn't reduce your amount of coverage or do away with certain options.
That could leave your policy inadequate for your needs.
What you should do is take some steps to help protect your home and impress the insurance company with how safe your home is.
1) Install a sprinkler system.
These systems are required in almost all states, for new commercial structures or apartment buildings.
It is only a matter of time until they are required for new home construction.
While the cost of installing them can be high, the difference in your monthly home insurance premium will be tremendous because the chance of you making a claim due to fire damage is reduced tremendously.
2) Install a burglar alarm system.
Not only will you get great price breaks on your homeowners insurance costs, you will also make your home much safer.
In addition to installing alarm systems, it's a great idea to install video surveillance equipment.
Now days, they are very inexpensive and easy to install and they can reduce your cost of insuring your home a lot.
3) Occupy your home, even if you're not there.
By getting house sitters when you go on vacation, or having extended family members live with you who will occupy the house when you and your spouse are at work, not only will you have a lively home, you will save money on your home insurance costs.