low homeowners insurance cost

Hi,

I think the best way to go for a low homeowner's insurance may be to get estimates from at least three reputable companies.

Have a discussion with them on the type of policy that you want and the required coverage limits.

Thanks,
Ken

Hi,

You can follow some steps besides shopping around, to lower your homeowner's insurance costs -

• You can pay higher deductibles to save more on your premiums.
  
• Don't include the land of your house under homeowner's insurance policy.
  
• You may be able to save on your premiums by making your home more disaster resistant and by providing some home security arrangements.
  
• A good credit history can lower your insurance costs.
  
• There is no need to bring purchases or additions, that are less valuable, under the insurance.
  
• If you are under government plans, check if you can get lower cost with the private market.
  

Consult with the insurance agent on how the cost can be reduced.

God bless you.

For MortgageFit,
Samantha

Hi,

If you stay with the same insurer for a long time, you may get special discounts and your premium may get reduced.

James

Thanks for the suggestions. What is meant by deductible here?

Hi,

The amount of money that you need to pay towards a loss before the insurance company beginnings paying a claim is called deductible.

God bless you.

Thanks,
Samantha