Searching for Home Insurance Discounts

Are you saving as much money as you should be on your homeowners insurance policy? There are several homeowners insurance discounts that may be available through your homeowner insurance policy carrier, make sure that you discuss with your agent all the available discounts. Please keep in mind that the homeowners insurance discounts available are dependant on and often specific to the insurance carrier. Some of the common home insurance discounts that are offered on a homeowner insurance policy are:

Good Credit Discount – Most carriers give a home owners insurance discount for good and excellent credit ratings.

Multi-line Discount – You can save on both your homeowners policy and auto policy when you insure them both through the same carrier.

New Home Discount - If your home was built within the last 10 years, then a new home insurance discount may apply.

Deductible Discount – You will often see a discount in premium for carrying higher deductibles. (In storm prone areas, a separate hurricane deductible can save you money)

Storm Shutters Discount – You may receive a discount in premium for having added protection from storms in hurricane prone areas.

Alarm Systems Discount – There may be a homeowners insurance discount for having both monitored and local alarms for burglar and/or fire installed in your home. If you live in a gated community you may receive a greater discount for security.

Claims Free Discount – If you have not filed any claims within the last 5 – 10 years, then there is often a home insurance discount that may apply to your homeowner insurance policy.

Fire Extinguishers/Smoke Detectors Discount – Having working smoke detectors and/or a fire extinguisher in the home will also offer a home insurance discount on your homeowner insurance policy. Having deadbolts and the home being visible to neighbors is also a consideration when discounts are applied.

Non-Smokers Discount – Some carriers will offer a small discount if there are no smokers that live in your home.

Retired Discount – If you are 55 or older, or are retired and the home is your primary residence, then there may be a homeowners insurance discount available. This discount can apply to your automobile insurance policy as well.

Military Discount – If you are active military and you are insuring your primary residence, then there may be a home owners discount available. Discounts may apply to your automobile insurance policy as well.

A few other tips for saving money on your homeowner insurance policy:

Fire Department: Make sure the first-responding fire department is accurately named on your policy because this can also save you money. Fire Departments are rated by the Fire Marshall and a lower protection rating means a lower homeowner insurance premium for you.

Distance to fire hydrant: This distance can affect your premium so make sure if you have a hydrant near your home let your agent know, they will ask for a distance in feet, so be ready.

Please contact Insurance Capital Group today to discuss your home insurance, auto insurance, commercial insurance, and health and life insurance needs. We offer a no-obligation consultation and free insurance quotes all of our clients. Call today - 866-946-QUOTE (866-946-7868)