How To Save On Home Insurance Premiums?

  1. 7647 POINTS
    Mark Bartlett CLCS
    Branch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance Carriers
    The easiest way to save on homeowners insurance premiums is to carry high deductibles and combine your auto insurance with the same company that provides your home insurance. Other options that may be available but can vary by company is if you are retired, sometimes certain occupations can get a discount. If you have done upgrades on your home such as a new roof, plumbing, electrical and heating and of course avoid claims if possible by taking good care and maintaining your home. Also an alarm system and/or interior sprinkler system can offer additional discounts.
    Answered on December 24, 2013
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  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    The basic way to lower insurance costs is to increase your portion of the risk. That is usually done by increasing the deductible. There may be options to substantially increase the deductible which could save a good amount. The wrong way to reduce the cost is to reduce liability coverage. That temptation should be avoided. It is extremely hazardous to your financial health.
    Answered on September 26, 2014
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