Ways to Save on Home Insurance

Owning your own home in Novi or West Bloomfield, MI is a great achievement, but it also means you have a mortgage. If you do have a mortgage, then you are typically required also to have home insurance. Although home insurance from Agency Advantage Insurance is well worth the monthly payment each month, you may be searching for ways to reduce the cost of your monthly payments. The good news is there are several ways to save on home insurance. Here are a few options:

Improve Home Security

One of the easiest ways to save money on your insurance premiums as well as ensure your home and family are safe is to improve your home’s security. Installing burglar alarms, deadbolt locks, and other security devices are all inexpensive types of security systems that will keep your home and family safe as well as potentially reduce your home insurance costs. Installing and maintaining smoke alarms and carbon monoxide alarms may also help to reduce your insurance costs.

Check for Discounts

The types of discounts offered vary from one insurance provider to the next, so be sure to discuss the options with your provider. For instance, your insurance provider may offer discounts for seniors, military, mortgage-free discounts, and claim-free discounts. You should contact your provider whenever there are changes in your home to find out if you are qualified for a discount. For instance, if you have recently retired, your age may qualify you for a discount. It’s recommended that you contact your provider once a year to find out if status changes in the home qualify you for any additional discounts.

One of the best ways to save money on the cost of your home insurance premiums is to talk with your provider about bundling all of your insurance together, such as auto, home, and life insurance.

Residents of West Bloomfield, MI, who want to learn more information about how to save on their home insurance, should contact Agency Advantage Insurance.