There are a number of often overlooked perks for various insurance policies that you can reap with a good security system and a well maintained home. Good drivers get discounts for safe driving and a clean record so why shouldn’t homeowners get the same when they take some extra steps to ensure that their home and valuables will be safer with proper smoke alarms and a security system? Well you can and here’s how to go about collecting the unrealized benefits of having a security system. Of course you’ll have to check with your insurance company but these are some of the best ways to save money on your homeowner’s insurance.
The basic idea behind want an insurance company wants to see is a low risk investment. This means responsible homeowners that have taken all of the necessary steps to ensure that they have a safe home. There’s a few good ways to prove this.
Firstly, where your home is located can play a big impact in how much you are paying. This means you will pay more if you are in a statistically high crime area as opposed to a gated community which is going to present the lowest risk. Aside from location your insurance company will likely look at the various steps you have taken to make your home safer. This means even offering a discount for having deadbolts on all of your external doors. One of the biggest ways to save money on your homeowners insurance is to setup a professional security system. This is one way to get some peace of mind and save some money while doing so.
Aside from theft, insurance companies are usually even more worried about fire and natural disaster. You can get a discount for being a household of non smokers as well as installing smoke alarms and carbon monoxide detectors. Additionally, one often overlooked detail is the wiring in your home. If you get new wiring you can often get a discount because it presents a smaller risk of a house fire. If you can prove that your home is built to withstand earthquakes, heavy storms, or other natural disasters it’s another great way to get a discount on your insurance premiums. This usually means impact resistant roofing, a solid foundation, and strong building design and materials. This is one thing to keep in mind if you are renovating or building a new house altogether.