Index for New Home Security Pages:

lock security system
lockheed martin transportation security solutions
loss control security services
lowes home security system
luxor security equipment
magnum security services
make money selling security equipment
managed security services
managed security services at
manchester security guard services
manhole security devices
manufactured home security systems
manufacturers of cctv security systems
manufacturers security systems linear
maritime port facility security assessment
maritime security assessment
maritime security consultants
maritime security services
maryland home security system resale
maryland residential outdoor security systems
matrix security systems
matrix security systems harrison
mayson security services ltd
mbn security systems
mdi security systems
media content security solutions europe
meenan security services
merlin information services security breach
metal detection security equipment
metrol security services
microwave detection security devices
microwave detection security devices california
mn security companies
mobile device access security
mobile device security
mobile phone home security
mobile security systems
model 01875 security system
modern houses with security devices
monitored home security
monitored home security system
monitored security
monitored security systems
monroe louisiana saint security services
moose security system
napco security equipment
napco security systems
national association of security companies

7 Sure-Fire ways of reducing your home insurance premium by Bill Smith

Home security improvement:

All insurance companies will happily offer you a discount for burglar alarms and smoke detectors. Homes with fire and burglar alarms that communicate with a third party monitoring company receive a higher discount on their insurance premiums.

When possible, choose a higher deductible:

To reduce your premium, it is best advised to increase the deductible to the extent you can afford. Your home insurance premium will fall by as much as 20% if you increase the deductible from $200 to $1000.

Multiple insurance – Same provider:

If you consolidate your home insurance and auto insurance with one insurance company, expect a premium reduction between 10 – 15%. This also means you are making one payment for all your insurance needs. Consolidate and win.

Discount for non-smokers:

Some home insurance companies will offer a non-smoker discount to the tune of 15%. Check with your insurance company if they offer a non-smokers discount.

How far is the fire station?

If you live more than 5 miles from the nearest fire station and more than 1,000 feet from a fire hydrant, you can expect a higher premium. Also if you live in the country, you will probably pay higher insurance rate than if you were living in the city.

Type of construction:

The construction type of your home also plays an important role in determining your insurance premium. A wood frame home will cost more to insure than the one built mostly of concrete.

Claims free record and renewal discounts:

If you have not had a claim under your current home owners policy for the past 3-5 years, you will get a 15% discount on your premium. Expect additional discount if your policy has been in force with the same insurance company for 3 years or more.

Conclusion:

I am hopeful you have gained preliminary knowledge on the subject of home insurance premiums. With these helpful tips you will be able to understand and demand discounts on your home insurance premiums. Good Luck!

About the author:

"@Copyrights 2005" - Bill A Smith is an insurance agent and insurance advisor for Sunshine home and auto insurance services. Bill has over 10 years of experience in providing insurance services to clients.