So yesterday we began to discuss the best ways to save money on one of the most important policies you can ever have- CT homeowners insurance. Furthermore, this policy is perhaps the most popular for discounts, but you need to know where to look for them and how to take advantage of them as well for your financial benefit, without sacrificing any type of coverage.
We began the conversation yesterday with tips such as multi-policy discounts, shopping around, and letting your insurance company know about any upgrades to the safety and/or functionality of your home, like a security system or new wiring. All of these things will help you out with your CT homeowners insurance policy, and the next set of tips are bound to help you out even more!
7) Putting up a new roof- newer roofs, basically under ten years old will warrant a great discount, because, well, a new roof is a heck of a lot better than an old one.
8)Deductible adjustment- if you follow our blog than you know we talk about this one all the time. Adjusting your deductible will cause a significant discount on your premiums. Just make sure that you can afford the higher deductible before you adjust!
9) Claim history- if you’ve gone a while without a claim, like five or more years, then that’s proof to your CT homeowners insurance provider that you’re a careful and reliable home owner.
10) Umbrella- adjoining your homeowners policy with an umbrella policy will give you the extra coverage you need in case the worst were to happen. This looks great to the insurer and may lead to a discount.
11) Occupation- depending on your education or job, you may be eligible for a discount.
12) Gated Community- obviously gated communities are more safe than others without the security, so these homes are less likely to be susceptible to burglary, and thus a better for insurance purposes.
13) Fire & emergency service- living in an area that is closer to fire stations, hydrants, and other safety personnel than other areas means that your home is more likely to be saved in the event of a fire or other occurrence.
We’ll wrap this countdown up tomorrow, so come on back!