Helpful Tips to Lower Your Homeowners Insurance Premium

Palisades insurance claims

Most mortgage companies require you to carry homeowners insurance. Lowering the number of Palisades insurance claims filed is one way to lower your insurance premium. Here are some other ways to lower your rates.

Policy Bundling

One easy way to lower the cost of your insurance is to bundle insurance policies together. A popular option is to insure your vehicles with the same company as your home. Other policies such as umbrella coverage and personal property can offer additional protection.

Find Discounts

Your insurance agent can work with you to find the available discounts. A claim-free history and bundling policies are two common discounts offered by major carriers.

Raise Deductibles

Most policies come with a deductible that you are responsible for paying before the insurance takes over the costs. The higher the deductible, the lower the premium rates tend to be. Plan ahead by having a deductible you can afford to pay if you need to file a claim.

Home Security

A home security system can deter criminals and vandals lowering your risk of a claim. Some insurance policies offer discounts for having a home security system.

Homeowners insurance is there when you need to file Palisades insurance claims for damages or perils. Lowering your rates before you need it can save you money for the life of the policy.