How To Lower Home Insurance
: Step-By-Step Guide
Raise Your Deductible To Lower Monthly Payments
make sure you have some savings built up first. That way you’ll still have a backup in the case of an accident.
Check For All Possible Discounts
Did you know that you might be eligible for a discount on your insurance? It’s true! Most home insurance companies offer discounts for a variety of things.
Higher Credit Score, Lower Prices
don’t forget your credit score. Around 85% of insurance companies base their rates at least partly on your credit score, so keep that in mind when looking.
Consider A Less Risky Location
Location matters, not just for real estate, but also for your insurance premiums. If you have the flexibility to choose where you live, consider opting for a less risky area.
Avoid Filing Small Claims
Save your insurance for significant incidents, ensuring that you have the necessary coverage when it matters most.