Ways to Lower the Cost of Homeowners Insurance

Over time, you may have noticed that your homeowners insurance premium has increased. Keep in mind that this is completely common and to be expected. However, that doesn’t mean that you can’t do anything to lower your homeowners premium. If you’re looking for easy and simple ways to save on your homeowners insurance in Valatie, NY, take a look at these tips.

Shop Around

Looking for a new insurance policy? Don’t go with the first provider that you see online. Instead, request quotes from several local agencies and get a feel for their companies. You want to work with people who look out for you. Once you have a policy you like with a good company, keep it! Many insurance companies will offer discounts if you stay with them for years.

Ask About Discounts

This may sound obvious, but asking your agent if you are eligible for any discounts can open up a new line of communication indicating that you would like to save money. It doesn’t hurt to ask!

Raise Your Deductible

The higher your deductible, the more responsibility you take on in the event of a claim. Increase your deductible so that it is at a comfortable out-of-pocket cost if you do need to file a claim, and you will be able to save a bit of money on premium.

Upgrade Your Home

Ask your insurer if they offer discounts for safety upgrades to your home, such as smoke detectors, carbon monoxide alarms, deadbolts, and more. The safer your home, the less damage there is in the event of a claim. In many cases, these upgrades are in your best interest to do!

Review Your Coverage Annually

When was the last time you reviewed your policy? Take some time to go over your coverage and ensure it still suits your needs and home’s value. This can help you to ensure you only pay for the coverage that is suitable for your home and lifestyle.

Try these options if you feel that your premiums are too high! When you’re looking to protect your property as best you can at an affordable rate, contact your insurance professionals at Kneller Agency. Our dedicated experts are ready to assist you with all your home insurance needs in New York.

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