Your home is probably your biggest investment and your most prized asset, so it’s only natural that you should want to protect that investment by purchasing homeowner’s insurance.
But by the same token you don’t want to pay any more for your insurance than you need to, so it is also only natural that you should want to compare low cost homeowner’s insurance here in Florida so you feel confident that you have gotten the very best deal you possibly can.
There was a time when comparing homeowner’s insurance polices among different insurance companies was a time-consuming and almost impossible task. Today, however, there are literally dozens of websites which make comparing policies almost as easy and clicking a button.
Before you jump online and start comparing prices for homeowner’s insurance you really need to structure a policy that you have specifically designed to save you money and then make price comparisons of that policy in order to find the absolutely best price you can possibly find for homeowner’s insurance.
Let’s start by reviewing a few details about homeowner’s insurance. For example, here in Florida you will undoubtedly find that wind damage is excluded from your policy as is flood insurance. You will need to talk with your agent about getting both wind and flood insurance separately from your standard homeowner’s policy.
How much homeowner’s insurance do you need? You need enough to cover the cost of rebuilding your home from the foundation up and of replacing the contents of your home should there be a catastrophic event.
Do not, however, pay to insure the value of the land that your home sits on. The land is not going anywhere.
Keep your credit pristine. Many people are not aware of the part that your credit rating plays in determining how much you pay for homeowner’s insurance. If you have a good credit rating you will pay less each month in premiums for your homeowner’s insurance, and if you have a low credit score you will pay more for the same insurance.
Do you have multiple insurance policies with the same insurance company? If so you should be entitled to a Multi-Policy Discount on your homeowner’s insurance.
Have you been insured by the same insurance company for at least 5 years? If so you should be entitled to a Long-Term Policy Discount.
In order to minimize the threat of fire and so lower your monthly premium, you need to cut back all weeds and brush at least ten feet from any structure.
If you can afford a 24/7 home protection service that monitors your home and reports fire and break-ins to the proper authorities you could save as much as 30% on your homeowner’s insurance each month. But talk to your agent before you commit to purchase any system, as not all systems qualify for the same monthly discount.
If anyone in your household is 55 or older and retired you can get a discount on your homeowner’s insurance since that person will be home a large part of the time to report fires or burglaries.
Make certain that you have installed the correct number of fire and smoke detectors for the size and layout of your house. Make certain that all detectors are working and have fresh batteries. Batteries need to be replaced twice each year. Many people remember to change their batteries by doing so each time they move their clock forward or backward an hour.
Install motion-sensitive floodlights around your home and trim all bushes away from windows to discourage burglars.
Make certain all exterior doors have a working deadbolt lock. Make certain all windows, even hard-to-reach windows, have a working lock.
Lock your house every time you leave, even if you are “only going to be gone for a minute.”
Repair any broken or cracked sidewalks and replace any lose boards or railings on porches or decks. Fill in potholes in landscaping.
If your home is more than 10 years old upgrading plumbing and electrical systems can reduce your monthly homeowner’s insurance premium considerably.
By a fire extinguisher that is specifically designed for your kitchen.
Have rope ladders or other means of escape from upper-story bedrooms.
Make certain that your agent is aware of everything you have done to make your home safer and less susceptible to fire and burglary.
Now that you have created the most cost-effective homeowner’s insurance policy that you possibly can, it’s time to go online and find several of the websites that allow you to quickly compare policies and prices for homeowner’s insurance here in Florida.
Take the time to make your comparisons on at least 3 different comparison websites since no one website compares all of the different insurance companies writing policies in Florida.
Once you have made your comparisons on at least 3 different websites then you can confidently choose the best rate you have been offered and you can feel confident that you have compared low cost homeowner’s insurance in Florida and that you have purchased the very best and lest expensive policy you possibly could.