Paying for insurance is one of those things you just have to do as an adult. It may not be the most exciting part of adult life, but it can be a significant help if the worst happens. For many people, insurance is one of the expenses they expect when purchasing a home, but they may not understand the full extent of the cost. It’s important to get the lowest premium payment for the highest benefit, and the good news is, there are ways you can.

Ways to Lower Your Homeowner’s Insurance Premiums

Shop for an insurer you can stay with.

Many times, insurance companies give special discounts to clients who have been with them for several years. For instance, it is common for insurers to reduce premiums by five percent for clients who have been with them for three to five years. If you’ve been with an insurer for six years or more, you may enjoy a 10 percent premium reduction. However, all of this is up to the insurance company and isn’t guaranteed. You should also keep an eye on the price you’re paying in comparison to other companies in order to maintain perspective.

Use the same insurance company for your home and auto policies.

Chances are good you can find a company that sells liability, auto, and homeowners insurance. Many of these companies will reduce your premium between 5 and 15 percent if you buy more than one policy from them. However, you’ll want to make sure that this reduced price is actually cheaper than buying policies from separate companies.

Review your valuables and your policy every year.

One of the most common mistakes people make is buying new valuables and failing to make sure those purchases get covered by their current insurance policies. A good way to avoid this is to check the value of your current possessions to see if you need to cover new items or reduce coverage on old items that have devalued overtime.

Make your home safer and tougher.

A good insurance agent will be able to give you steps to make your home more disaster-proof and secure from break-ins. A reinforced roof, storm shutters, and modernized plumbing and electrical systems can all make a difference. When it comes to security, an updated fire and burglar alarm with a sprinkler system can get you a premium lowered by 15 to 20 percent.

Have a claims adjuster on-hand in case of emergencies.

When the worst happens and you need your insurance company to come through for you, having a certified public adjuster on-hand makes all the difference. We will be on-site quickly to assess the damage and get the information required to get you a payout that will help you make repairs and move forward with life.

Contact Grasso Public Adjusters Today

Our team of certified public adjusters is proud to be an ally to the people of New Jersey as they work with their insurance companies after break-ins, natural disasters, and other events that insurance can cover. Contact us to learn more about how we can help you today!