It is NOT difficult to obtain very low quotes and pay far less for sufficient coverage if you discover what to do. I'll share a number of steps to take if you want massive discounts that won't put you and yours at risk...
1. Making your premium payments once every year will save you much when compared to monthly payments. A strong reason for this is the cost an insurer incurs for posting you twelve bills instead of just one yearlly.
If you include the fact that each check you make out is considered a transaction by their bankers, you'll see that they still pay some more on transaction fees for each check you pay in. Twelve checks mean 12 transactions and will draw Twelve separate fees.. And as with everything else, it's you the customer or policy holder who will be responsible for that cost.
Therefore, you will get cheaper premiums if you decide to pay your premiums anually. The actual amount you could save may differ but expect to save up to a month's premium worth with most insurers if you choose this option.
2. You will as well get a discount if you have motion-sensitive lighting on your property. Burglars will keep off from places where their activities will be easily observed. And motion-sensitive lighting does this precisely. The risk of burglary is a strong factor in determining a home's risk to an insurance company and, by extension, your premium.
3. The material you use in building your home goes a long way in affecting your home insurance rate. Frame houses are more resistant to earthquakes while brick houses are more resistant to high winds. This means that folks who reside in the East will make huge savings if they opt for a frame home. On the other hand, folks who reside in the West will pay cheaper rates if theirs is a frame home because of the earthquakes there. Buying a home built with the appropriate material for your state will save you a minimum of 5%.
4. If you fix a sprinkler you'll be eligible for a discount. The reason for this is that a sprinkler system works well in putting off fires. It is quite expensive so you'll do well to ask your agent what you will save if you have this installed. You can amortize the cost over several years thus reducing the difficulty in spending the amount involved in such a project.
5. Don't insure your home along with the land it is standing on as this will cost you more but needless. A good number of folks pay much more than they should on home insurance because they make this mistake. You have made same mistake if you insured your home for the cost you bought it without finding out the cost of the land it's standing on and deducting it.
If you made such a mistake, you'll have to review your home insurance coverage and check it again with your agent. Lower your coverage to the worth of your house and its contents minus the cost of the land.
Doing this will lower your Hawaii home owners insurance rates by a huge margin and still have adequate home insurance coverage. Since insurance is for valuables that can be lost or damaged, insuring the land which can neither get lost or damaged isn't right.
6. You will save a lot if you only have between 25-30 minutes. Visit, receive and compare home insurance quotes from various insurance quotes sites. The lowest offer should be what you pick easily. However, you have to go beyond just the cheapest quote to the best price/value. The cheapest may not be the best price/value for you as an individual.
Here are my favorite quotes sites (highly recommended)...
Get Affordable Home Insurance Quotes
Home Insurance Quotes In Minutes
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