Everyone feels good when they save money, and there are few feelings any better for a homeowner than knowing that you have found the most affordable high risk homeowner's insurance in Alabama and that you are saving money not just this month, but that you are saving money month after month and year after year.
Depending on where you live in Alabama and what the danger of flooding is, you can save money if you decline to purchase flood insurance.
Make sure you feel confident that flooding is a remote possibility before making this choice.
Similarly, you can save money if you decline to purchase full wind-damage insurance.
Again, this can be a high risk gamble depending on how close to the coast you live as well as other factors.
You'll also save money month after month if anyone 55 or older who is retired is living in your home.
A retired person is likely to spot a fire or other problem before it gets serious and this saves both you and your insurance company money.
Paying your premium automatically each month saves your insurance company the cost of sending you a bill and they pass a portion of that savings on to you.
Purchasing a home protection system, the kind that monitors your home 24/7 and automatically reports problems to the fire or police department can save you as much as 20% each month on your home insurance premium.
If you have a home-based business you may be able to save even more through a tax deduction; your tax advisor will be able to give you additional details on that aspect of your savings.
Adding motion-sensitive floodlights to your property and deadbolts to every exterior door as well as locks on every window can also save you money every single month.
A kitchen-approved fire extinguisher installed in your kitchen will also save you money.
Increasing your deductible can save you quite a bit.
Doubling your deductible from $500 to $1,000 can save you as much as 25% to even 30% each and every month - but don't increase your deductible unless you feel confident that you can afford to pay it if you should ever have a claim.
Buying your insurance online is the best way to be sure that you are finding the most affordable high risk homeowner's insurance in Alabama.
You'll want to see the prices from as many companies as possible so you can feel confident that you've found the very best price, so don't hesitate to make your price comparisons on more than one site before you make your final decision.