7 Sure-Fire ways of reducing your home insurance premium

7 Sure-Fire ways of reducing your home insurance premium


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