Everyone wants to save money, right? So when it comes to home insurance it’s not about cutting corners, it’s about genuine ways to save money while also protecting your home.
Home insurance is so important because you need to protect yourself in case you’re burgled or there is damage to the home through flooding or fire etc.
If you don’t have insurance, you’ll have to pay for all of those repairs and replace any belongings that were lost or damaged and that can be incredibly expensive.
Check out this guide on everything that you need to know about insuring your home and protecting yourself from disasters.
If you’ve already got home insurance, you’ll know that it can be quite expensive sometimes, especially if you live in an area that is at risk of natural disasters, for example.
If you’re struggling to cover the cost of your home insurance, these are some of the best things that you can do to reduce it.
Save Money : Install An Alarm System
Whenever you apply for home insurance, they’ll always ask you whether you’ve got an alarm system installed or not. If you haven’t, you’ll be paying a lot more for insurance than you need to.
When burglars are watching homes and looking for opportunities to break in, they’re always going to choose the house that doesn’t have an alarm system installed, so you’re a prime target.
It doesn’t cost that much to get one put in and you’ll save a lot of money on home insurance over the years once you do.
You can get some that will automatically call the police if a break in happens so you’ll feel a lot safer in your home. Smart security systems are a good investment as well because it allows you to keep an eye on the property when you’re not there.
Save Money : Upgrade The Locks
Most people don’t tend to change the locks when they move into a new place but you should. A lot of the locks that come as standard aren’t very strong at all and they’re easily broken into.
If your home has very weak locks that will break with a single kick, your insurance price will reflect that. If you’ve never updated the locks on your house, you should call a lock smiths and get them to have a look for you.
Again, it’s not an expensive change to make but it will save you a lot of money over time. You can also take the opportunity to install some smart locks which you can control from your phone so you never have to worry about leaving the doors unlocked again.
Don’t forget to upgrade the locks on the windows as well because this is a common entry point for burglars. It’s best to be safe and put new locks on all of them.
Most insurance providers have guidelines about the strength of lock that they would like to see if your price is to be reduced so check this with them and talk to the lock smith about it.
Save Money : Consider Security Lights
Security lights are one of the most cost effective ways to protect your home from theft and reduce your insurance premiums.
Obviously, when people are trying to break into your home, they don’t want to be seen. A motion activated security light will easily deter people if they come close to the house and it alerts you to the fact that somebody is outside. It is one of the most effective ways to protect your home but it’s also very cheap.
If you’re struggling to cover the cost of an alarm system and upgraded locks etc. you should get a security light at the very least.
Save Money : Get A Safe
Insurance companies will charge you a premium if you’ve got very expensive items in the house that they will have to replace in the event of damage or theft.
Anything that you can do to protect those expensive items will help to reduce your insurance premiums so you should consider getting a safe in the house.
If you invest in a strong safe to put things like jewelry, cash, and family heirlooms in, your insurance premiums will drop quite significantly. This is also a good idea if you have items that can’t easily be replaced and have a lot of sentimental value. Because even though you can get the cash value from the insurance company, you won’t be able to recover those items
These are all great ways to make your home more secure and reduce your insurance premiums, but it’s also important that you shop around to find the best deals.
When your policy is up, you should never let it renew automatically because you might be able to get a cheaper deal elsewhere.