7 ways to save on homeowners insurance
When it comes to finding affordable homeowners insurance in South Carolina, you have wondered if there are ways to save money on your property insurance other than going with a discount insurer. There’s a lot you can do to pay less for insurance on your home, all while getting the reliable protection you need in case of a fire, burglary, or storm.
7 Ways to save on homeowners insurance in South Carolina
Of course, these tips work for homeowners in North Carolina too! No matter where you’re searching for homeowners insurance – Tennessee, South Carolina, North Carolina, Georgia or anywhere else in the U.S. — these tips will help you keep more money in your pocket.
- Raise your deductible
The easiest way to save money on your insurance premiums is to raise your deductible. In general, the higher your deductible, the less you’ll pay every month for homeowners insurance.
The downside to raising your deductible is that, if you have to file a claim, you’ll be on the hook for the higher deductible payment before your insurance kicks in. However, homeowners claims are relatively rare, so you’re likely to save a lot of money long-term when you raise your deductible.
- Add a security system to your home
Homes without security systems are three times more likely to experience a break-in. That’s why many homeowners insurance companies offer discounts to homeowners who install alarm systems in their homes.
- Make upgrades to your home
Storm shutters, upgraded wiring or plumbing, impact-resistant shingles and other upgrades that make your home less likely to incur damage can lower your homeowners insurance premiums. Make sure you mention these to your South Carolina insurance agent to make sure you get the biggest discount possible.
- Don’t sweat the small stuff
With every claim you make, your homeowners insurance is likely to increase in price. For small repairs, you can save money in the long run by taking care of those repairs without filing a claim.
- Ask about little-know discounts
Lots of homeowners insurance companies offer discounts to non-smokers, teachers, firefighters and others. You may also be able to save money by switching to paperless billing or automatic payments. Ask your South Carolina insurance agent which hidden discounts you might be eligible for.
- Get rid of dangerous “playthings”
Swimming pools, trampolines and playground equipment can all raise the cost of your homeowners insurance because they increase the odds that someone will be injured on your property. If you don’t use these items enough to make them worth the extra cost, get rid of them.
- Raise your credit score
Many homeowners insurance companies factor your credit score into your homeowners insurance rates. The lower your score is, the more you’ll pay. Take steps to increase your credit score such as removing errors on your credit report, paying off outstanding debts, and always staying up to date on future payments.
Want to save on your South Carolina homeowners policy?
Edwards Insurance Agency in Taylors, S.C., has helped thousands of homeowners find the affordable property insurance policies they need to keep their biggest investment safe. Give us a call today.