Are you sick and tired of living on rice and Ramen to pay your homeowner's insurance every month? All right, so your premiums probably aren't that bad, but the bottom line is that most homeowners are paying much more than they should be for their homeowner's insurance. Finding cheap homeowner's insurance isn't as difficult as it sounds. Just follow these seven easy steps and watch your insurance premiums fall faster than a boulder tumbling down the Grand Canyon.
1) Shop around. Sure, your fast paced, climbing the corporate ladder lifestyle might not leave you with a lot of time for sitting around on the phone comparing insurance quotes, but unless you've got a lucky leprechaun stashed in your pocket you're probably not going to get the best deal on homeowner's insurance your first time out. Take an afternoon to touch base with a number of small and large insurance providers, and don't forget to take advantage of the power of the Internet-there are sites online that will let you compare multiple quotes at the click of a button.
2) Don't slack on your maintenance. The real secret to finding cheap homeowner's insurance is to minimize the chances that your insurance carrier will have to pay for a claim. Keeping your plumbing and electrical systems up to code, making sure your roof is in good repair and your foundation is sturdy will go a long way toward keeping your insurance premiums low.
3) Protect your home from natural disasters. Earthquakes, wildfires, floods, hurricanes, tornadoes and hail can flatten your house before you know what hit you. Anchoring your foundation, securing your water heaters and securing your roof will minimize the damage your home suffers in a storm and make you a prime candidate for cheap homeowner's insurance.
4) Raise your deductible. If you're willing (and able) to pay for a larger percentage of your repairs if there's a catastrophe you can send your insurance premiums plummeting in a matter of seconds.
5) Don't diversify. It took them a while, but insurance carriers finally figured out that most people were shopping around for the best rates on their insurance and using a number of different providers to get the best deal. Most insurance companies will now offer a discount if you purchase your homeowner's insurance, auto insurance, life insurance and any other form of insurance coverage they offer from the same provider, making cheap homeowner's insurance easier than ever.
6) Take advantage of discounts! Along with the multi-coverage discount most insurance companies offer discounts for security systems, good credit, age, affiliation and safety features (such as smoke detectors).
7) Stop smoking. This one simple step can save you hundreds on both your homeowner's insurance premiums and your medical bills by decreasing the chances of a smoking related fire (you'd be amazed how many smokers don't realize that leaving a hot ash in an ashtray or flicking their ash off on their couch is a bad idea) and the odds that you will pick up emphysema, lung cancer or something else equally as unpleasant.
Don't you have something better you could be doing with your money than paying your homeowner's insurance premiums every month? Like, say, sitting on a beach in Fiji with a Mai Tai? If you follow these seven simple steps to cheap homeowner's insurance you'll be kicking back in a lounge chair under a Mediterranean sun in no time.
Clifford F. Berman is the CEO of http://www.QuoteScout.com
Since its launch in 1996 the company has specialized in matching consumers requests for insurance quotes with multiple insurance quotes from both local agents and national insurance carriers. For more information on purchasing cheap homeowner's insurance, please visit QuoteScout on the web at QuoteScout.com
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