Although you can pay less by downgrading your coverage, it is not recommended if it puts you at risk. However, you can get cheaper Hawaii home owner's insurance rates for better coverage if you know the things that matter and take necessary precautions. I'll explain how...
1. Fixing special security and fire systems that are monitored round the clock is a wise step. Not only will you enjoy a considerable discount, you will also feel safer once you remember that your house is always monitored. Although the savings this will attract will vary from one insurance company to another, you can expect to bring down your Hawaii homeowner insurance rate by as high as 25%.
2. Your claims over a period of time has an effect on an insurers perception of your home's risk. Filing too many claims will result in your house being viewed as a bigger risk than it actually is. The moment an insurer considers you a bigger risk, you start attracting more expensive rates.
Don't file a claim if it's an issue you can deal with with relative ease. This will help keep your rate low.
3. You'll as well get a discount if you have motion-sensitive lighting for your home's exterior. Burglars generally do NOT like to operate in any environment they could be easily noticed or caught. Since thieves avoid houses with such lighting, you reduce your home's risk of burglary and, by extension, your rates.
4. A higher deductible will result in lower premiums so make the right choice when buying. Make it as high as you can afford with relative ease and you'll attract considerable discounts.
Just bear in mind that this is the amount the law demands that you contribute if you file a claim and that your insurer will not pay if you do not pay it.
You can slash off as much as 25% from your Hawaii home owner insurance rate if you raise your deductible from $500 to $1000. Choosing a high deductible will lower your Hawaii homeowners' insurance premiums -- Everytime. Just make sure it's an amount that you can produce with relative ease if you file a claim.
Select the highest deductible allowed if it's within easy reach.
5. Do you have a fire extinguisher or fire extinguishers in your home (depending on the number of fire sources presently in your home)? Your kitchen is one crucial place to have one or more functional fire extinguishers. It's crucial that the fire extinguisher be good enough for the area it is supposed to protect.
And, don't forget that you must make them very easily accessible. This may seem insignificant but you'll pay more if you don't keep them in your house.
6. Make out some time to visit at least 5 insurance quotes sites that offer quotes on Hawaii home owner's insurance policies. This will take you around 25 minutes. While you visit each site, ensure you input the same details. Doing otherwise will return misleading quotes. After you've received your Hawaii home owner insurance quotes, compare them to see which serves your interest best in price/value.
Here are my favorite quotes sites (highly recommended)...
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