Affordable Homeowner Insurance -- Guaranteed Advice

With the right tips you'll get more affordable rates for sufficient coverage. But also bear in mind that you could make savings if you get the wrong tips. The only difference is that you will be compromised in the quality of coverage you get. Here are some proven ways to get cheaper rates without putting yourself at risk...

1. Fixing advanced security and fire systems that are monitored round the clock is a wise move. You will obtain a huge discount apart from the fact that you will feel more secure that your house is being monitored by trusted professionals. This can reduce your premium by more than 25% depending on your insurance carrier.

Insurance Quotes

2. Using the same insurance carrier for multiple policies will get you a discount. Insurance carriers offer discounts to policyholders who buy several policies from them. But you could make more savings with different insurance carriers than you'll get from a multi-policy discount.

I'll explain further...

Let's make believe that you have four policies: Life, health, auto and home. You'll get a multi-policy discount if you make purchase of all four policies, or a minimum of two of them, from the same company. But let us see when that will not be the best route...

I've made up the following rates just to explain this point...


Insurer A

Life insurance: $2,590

Health insurance: $2,200

Auto insurance: $3,500

Home: $2,100


Insurer B

Life insurance: $3,100

Health insurance: $2,400

Auto insurance: $2,500

Home insurance: $2,400


Insure C

Life insurance: $2,900

Health insurance: $1,900

Auto insurance: $2,800

Home insurance: $2,700


Insurer D

Life insurance: $2,100

Health insurance: $2,300

Auto insurance: $2,750

Home insurance: $2,600


From the list above the cost of the 4 policies with Insurer A is $10,390. Though, your total insurance costs will reduce to $9351 if you're given a multi-policy discount of 10 percent. This is quite remarkable considering that you'll save over $1,000.

Nevertheless, the wisdom or otherwise of this decision becomes clear when you compare it with what would have been saved if you bought from the provider that had the best rate for each policy...

Insurer A offers the best quote for home insurance at $2,100; Insurer B offers the best car premium at $2,500; Insurer C offers the best in health at $1,900 and Insurer D gives the best rate for life at $2,100. This offers a sum of $8,600 in spite of the fact that you were not given any multi-policy discount.

This is $751 lower than what you'll receive if you settle for a multi-policy discount.

So spend time to discover which pays you better. And a good way to find out is to get and compare quotes from not less five insurance quotes sites. The wider the range of quotes you get, the more you will save because you will be able to see the lowest quotes available for your profile.

3. Have you being with your home insurer for up to 3 years? Then ask for a loyalty discount. Most insurers will give discounts once you maintain your policy with them for 3 years and above. But notwithstanding the fact that you'll qualify for a loyalty discount if you remain with one insurance company for three years and more, do NOT stay put just because of that.

Believe it or not, you will likely find an insurance carrier that offers a far lower rate than what you're currently paying. Do shop extensively and you'll be in for a pleasant surprise. I suggest that you get quotes from insurers you've never got quotes from time to time.

Insurance Quote

4. You will likely lower your rate if you spend time to go through your home insurance policy at least once a year or whenever there are changes in your house. That expensive fur coat might no longer be worth as much as when you insured it.

If it is now worth less, you will then do the sensible thing: Reduce your coverage accordingly and get more affordable rates as a result. However, a review could show it's now worth a lot more and that you have to increase coverage. Whichever way it goes, your best interest is being protected in either savings or ensuring adequate coverage.

Get Cheap Home Insurance Quotes And Save Much Now!
Get Quick Free NO-Obligation Quotes Now And Save!