10 Ways to Save Money on Your Home Insurance

With all the changes in the insurance industry and the legacy carriers not accepting new business in California and rising rates for home insurance, we've put together a top 10 list of how to save money on your home insurance rates.

1. Shop around for multiple quotes: Obtain quotes from different insurance providers to compare coverage options and pricing.

2. Increase your deductible: Opting for a higher deductible can lower your premium. However, ensure you can afford the deductible amount in case of a claim.

3. Bundle your policies: Consider bundling your home insurance with other policies, such as auto insurance, from the same provider. This often leads to discounts.

4. Improve home security: Installing security systems, smoke detectors, and deadbolt locks can reduce your insurance costs.

5. Maintain a good credit score: Many insurance companies consider your credit score when determining premiums. Maintaining good credit can lead to lower rates.

6. Avoid unnecessary coverage: Evaluate your policy to ensure you're not paying for coverage you don't need. For example, if you don't have valuable jewelry, you might not need additional coverage for it.

7. Review your policy annually: Regularly assess your policy to ensure it accurately reflects your current needs. Adjustments may be necessary as your circumstances change.

8. Consider group or association discounts: Some organizations, such as alumni associations or professional groups, offer discounted insurance rates for their members.

9. Make home improvements: Upgrading your home's roof, plumbing, or electrical systems can reduce the risk of damage and potentially lower your insurance premiums.

10. Maintain a claims-free record: Building a claims-free history can make you eligible for discounts or loyalty rewards from your carrier.

If you would like help shopping for a better home insurance rate, please contact us.