- November 30, 2022
- Category: Home, Tips & Advice
At Cluett Insurance, we understand that homeowners insurance premiums can be a significant expense for many of our clients. That’s why we want to help you save money on your homeowners insurance coverage while still getting the coverage you need.
Raise your deductible
A deductible is the portion of the insured claim you pay before your insurance company pays the rest. If you are willing to increase your deductible, you may reduce the cost of your home insurance premium.
Check with your insurance broker to see how much you could be saving on your homeowners insurance premium. Make sure you’re considering things like replacement cost or repairs costs, additional living expenses that might come up and anything else that would add any other expenses.
Think about how much money you can spend – suddenly and unexpectedly if you had a claim. Based on this amount, decide on your maximum deductible.
Take advantage of multi-line discounts
When you bundle your property and automobile insurance, you may qualify for a multi-line discount. One of the most common bundles at Cluett is the home and auto insurance bunle.
Bundling your homeowners insurance with other types of insurance, such as car insurance or life insurance is one of the easiest ways to improve your rates, especially if you’ve found a company you already enjoy dealing with. At Cluett Insurance, we offer a range of insurance products and can often provide discounts for bundling multiple policies together.
Improve your home security
By installing a fire or burglar alarm you could reduce your homeowner insurance premium. These security devices are not cheap and not every system qualifies for a discount. Make sure to consult your insurance broker to see what qualifications need to be met in order to receive a discount. When you bundle your property and automobile insurance, you may qualify for a multi-line discount.
Making your home more resistant to damage is another way to save money on homeowners insurance. This can include installing a security system, updating your home’s wiring and plumbing, and making sure your roof is in good repair. These improvements can help lower your risk of having a claim and may lead to lower premiums. Cluett Insurance can provide you with guidance on how to make your home more secure and more resistant to damage.
Shop around
Your home is one of your biggest investments, so it’s important to protect your home and belongings from the unexpected. An insurance broker can shop the market to help you find the right coverage and build a policy that suits your needs.
We hear over and over again from clients who have used price alone to dictate what insurance company they go with, that this is a big mistake. During the potentially stressful event of a claim, you’ll want to be working with a company you can easily get a hold of and one that will work hard to help you during tough times. There is nothing worse than waiting for long periods of time on hold when disaster strikes!
Learn more about home & property insurance from Cluett Insurance and see how we’re helping our clients. If you’re interested in saving and having a help hand at your side during stressful situations, reach out to us for a quote!