efore you look for the policy you need. With that in
absolute cheapest home mind, here are some ways to lower
owners insurance, make a that premium.
short list of decent insurance
1. Have a higher deductible.
companies. You can type Insurance is for disasters, not
"insurance company ratings" into small stuff, so plan to pay the
any search engine and get some first $1000 someday when
free information on the financial something happens. Meanwhile
strength of the various you'll save money every year.
companies. You want a company Does this make you uncomfortable?
that is going to be around when Here's a solution: If the annual
you need them. premium is say, $80 less with a
Then, call a company on the list higher deductible, put that $80
or get a quote online. Ask a lot into a special account each year.
of questions, first, though. You'll eventually have the whole
There may be ways to save money deductible covered, or if you
that you hadn't thought of, or have no claims, you'll have extra
aren't on the list below. Be sure money for retirement.
that you understand what is
2. Ask about a car / home
covered and what isn't. Take discount. Usually you can get a
notes, writing down the exact lower rate if you car is insured
policy limits and deductible with same company as your house.
amounts and anything else Note the exact criteria and
relevant.
limits for the auto policy,
You are going to need this though. You'll want to fairly
information to accurately compare compare this part of the policy
the quote to others. What you are with others as well.
really looking for is not the
3. Get at least three quotes.
cheapest home owners insurance, Use your notes to make sure that
but the cheapest way to get the each company is quoting the same
policy limits, and roughly the company won't pay for value that
same policy conditions, so you wasn't there, but they will
can honestly compare the collect for it if you let
quotes. them.
4. Use independent agents.
In the end, you may never get
Because they are not limited to a perfect comparison of rates.
one company, they can sell you Some insurance companies won't
policies from whichever companies have the exact same policies
are cheapest, or best suit your available as others. They may
needs.
each have their own minimum
5. Ask about special content coverage requirements,
discounts. Non-smokers usually for example, or a minimum policy
get a discount. You may get a limits based on square footage.
discount for security alarms as Still, if you use the guidelines
well.
here, you will get close to the
6. Make sure the home is safe. cheapest home owners policy - for
Whether or not there is an the coverage you need.
inspection before the policy is
issued, you don't want to lie to
get cheap rates. In other words,
you really should have smoke
alarms, locks on the doors, a type="text/javascript">
"text_image";
google_ad_channel type="text/javascript"
="3545651507";
google_color_border = src="http://pagead2.googlesyndica
"FFFFFF"; tion.com/pagead/show_ads.js">
google_color_bg = "FFFFFF";
google_color_link =
