Call Us 203-239-3395 ☰ ˟
Logo
Call Us: 203-239-3395
  • Home
  • Coverage
    • Automobile
    • Business & Commercial
    • Contractors
    • Homeowners
    • Life
    • Personal Umbrella
    • Recreational
    • Workers Compensation
  • Get a Quote
    • Automobile
    • Business & Commercial
    • Homeowners
    • Life
    • Personal Umbrella
    • Recreational Vehicle
  • Blog
  • Resources
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • About Us
    • About Us
    • Employee Directory
    • Location Map
    • Privacy Policy
  • Contact
Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Learn More
Icon

Home

We browse through a wide variety of coverages and find the right one for you.

Learn More
Icon

Business

We browse through a wide variety of coverages and find the right one for you.

Learn More
Icon

Recreational

We browse through a wide variety of coverages and find the right one for you.

Learn More
Icon

Life

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > 3 Ways to Save on Homeowners Insurance
THURSDAY, FEBRUARY 2, 2023

3 Ways to Save on Homeowners Insurance

Many people think the best way to save on homeowners insurance is to reduce their coverage, but that could put you in a very bad spot if a covered event occurs. Over two-thirds of American homes are underinsured because of this. Instead of sacrificing valuable coverage, try the following 3 tips for saving on your current coverage: 
Modern house
Ask for discounts 
You may be eligible for a discount, but you’ll never know until you ask your agent. Available discounts may include, but are not limited to: 

  • Senior discounts: for ages 55 and up 
  • Home security discounts: for homes containing security features such as smoke alarms, alarm systems, fire sprinklers and dead bolts 
  • Loyalty discounts: For years of loyalty to an insurance provider 
  • Home improvement discounts: for renovated homes with new features such as new electrical wiring, new heating systems and new plumbing systems 

Remember, the less risk your homes poses, the more likely it is that your insurer will be willing to offer you a discount. 

Raise your deductible 
A higher deductible often equates to lower monthly premiums. Most standard homeowners policies have a $500 deductible. However, it’s recommended that you raise your deductible to the highest amount you could afford at any given time. That way, you’ll save money each month on your premium—up to 25 percent off! With this discount, you can save more of your income, which can fund your deductible if a covered event occurs. 

Bundle your policies 
Bundling your policies together with a single insurer can save you up to 15 percent on premiums across the board. The most common bundle is home and auto, but you can also include your RV, boat, any other recreational vehicle you own and even your life insurance—the possibilities are endless. A multi-line policy is an easy, effortless way to save money right away. 

Posted 6:39 PM

Tags: home insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020

  • home insurance(8)
  • commercial auto insurance(4)
  • business insurance(3)
  • auto insurance(3)
  • contractors insurance(3)
  • general liability insurance(3)
  • homeowners insurance(2)
  • bop insurance(2)
  • boat insurance(2)
  • commercial insurance(2)
  • commercial(1)
  • fights(1)
  • liability insurance(1)
  • car insurance(1)
  • home liability insurance(1)
  • workers compensation insurance(1)
  • motorcycle insurance(1)
  • employee(1)
  • business(1)
  • business owners policy(1)

View Mobile Version

Get In Touch!
203-239-3395

Contact Us
Google Facevook LinkedIn

Resources

  • Get A Quote
  • About Us
  • Refer
  • Our Carriers
  • Blog
  • Contact

Contact Us

54 State St
North Haven, CT 06473

P: 203-239-3395 | F: 203-234-2494 | E:info@gapinsurancellc.com
© Copyright 2021. All rights reserved. | Powered by Insurance Website Builder