Wouldn’t it be nice if you could step back in time ten or fifteen years and enjoy the nostalgically low prices of those by-gone days? Wouldn’t you love it if you could pay the same amount today for your home insurance coverage as you did way back then? I’ve got a little secret to share with you. You can – and it’s a lot easier than you think. It’s a simple little insurance secret that your broker hoped you’d never find out about.
Before I spill the beans that your broker is terrified you’ll learn about, I’d like to point out that your savings can actually be even greater. Simply put as many of the following ideas into practice as you can; each one will add a few more percentage points to your overall savings.
You can start simply enough by paying your premium automatically every month directly from your bank account. Most companies will give you a break of around $120 a year just for setting up a simple auto-pay program.
Most home insurance policies come with a standard $500 deductible, but the truth of the matter is most homeowners almost never file a claim against their policies. If you seldom file a homeowner’s claim then you could save a lot of cash each and every month simply by doubling your deductible to $1,000.
Potential lawsuits for injuries suffered on your property are one element of your premium. If you make your property safer from such lawsuits you may save on your monthly premium. Let your agent know if you replace broken or uneven walkways or lose or broken floorboards on porches or decks.
Protecting your home from the possibility of a burglary can also reduce the cost of your insurance. Adding motion-sensitive floodlights, deadbolt locks on all exterior doors, making sure all windows have a working lock and trimming bushes away from windows all can help reduce the monthly premium you pay for your policy.
Simply mounting a kitchen-rated fire extinguisher in your kitchen can save you money for years to come.
So just what is the Big Secret that your broker hopes you won’t discover? Just what do you have to do to save about 30% instantly on your homeowner’s insurance? The answer is so simple you won’t believe it.
All you need to do is to buy your homeowner’s insurance policy online.
You read that right. Online brokers have almost no overhead that they have to pay for and so they can sell policies at wholesale prices every day of the week and still show a profit. On top of that, your online broker faces stiff competition for your business and the only way to stay competitive in an environment like that is to cut prices even further.
So YOU WIN! It’s that simple. And there’s another benefit, too. When you buy your policy online, from the comfort of your own home, there isn’t an agent sitting across the table from you egging you on to buy more and more coverage that you probably don’t need and really can’t afford. For once in your life YOU are in total control!
I’ve spent a lot of time researching online insurance brokers but even so there’s no reason for you to take my word for how much you can save. Get online and see for yourself just how much money you can save month after month and year after year simply by buying your coverage online.