Buying a house is rarely cheap, and the spending never stops there: water heaters, septic tanks, flooded basements and more can all ruin your day at a moment’s notice. Luckily, home insurance doesn’t have to be another drain on your hard-earned cash, because discounts are out there. And getting them could be as simple as a phone call.
Everything from a nearby duck pond to your roof’s material could qualify you for big savings on your premiums. Our independent insurance agents can help you find the discounts you deserve, lower your bills, and get you back to the good things in life. But first, let’s talk a little more about these discounts—so relax and put your feet up, this is gonna be fun.
Quite simply, home insurance discounts lower your premium payments. But insurance discounts don’t really work like the coupons you love. You don’t clip ‘em out of the Sunday paper and get free flood insurance with the purchase of two extra add-ons. They’re more like a giant computer algorithm that the insurance company uses to calculate how likely your home is to get into trouble. The less likely damage or vandalism is, the less you’ll pay.
It’s important to remember that not all discounts will be spelled out in your policy, even if they’re still saving you money. You’ll likely know if you’re getting a military or veterans discount, but you might not realize you’re getting a marriage discount, too. It’s all part of the great algorithm.
There are nearly as many home insurance discounts out there as there are insurance companies, but they can all be divided into four major types. And here they are:
For the most part, it’s easy. But sometimes home insurance discounts depend on things you can’t easily control. Sometimes you have to settle for less-than-ideal discounts.
If you own an older home—especially one in a hurricane zone or a rural area with no fire department—you won’t get as many discounts as you would with a newer home in a super-safe area. If you’re in love with that old farmhouse, go after bundling, group and loyalty discounts instead of the safety ones.
Chances are you’ll get a few discounts automatically whether you ask for them or not. Many of these discounts aren’t explicitly spelled out in your policy and are based on things you can’t always control, like your location.
If you want to go beyond the automatic stuff, though, you can maximize your potential discounts by following these easy steps:
Now you know how discounts work. But we all know your time is valuable, so why sweat all the hard work yourself? Our independent insurance agents stay on top of the industry and all the latest discounts so you don’t have to. That means they’ll help find the right coverage, at the right price, for you.
They’re not just there at the beginning, either. If disaster strikes and you need to file a claim, they’ll be with you every step of the way, helping you meet deadlines and maximize your benefits. Besides, you deserve a cheer squad.