Are you really interested in bringing down your Tennessee homeowner insurance costs by reducing your premium dollars? Then you're reading the right article. I'll share guaranteed tips for anyone to attract the most affordable rate for their profile or coverage needs. Moreover, the tips I'll share will NOT force you to make do with inadequate coverage all in the name of making savings. Here they are...
1. Using the same insurer for more than one policy will get you discounts. This is called a multi-policy discount and is available with all insurers. Although You will get discounts for purchasing multiple policies from the same insurer, you may make more by buying each of your policy from different insurance companies.
2. The more you strengthen your home to withstand perils the lower your rates will be. You can do this by taking all the inevitable precautions against fire and burglary in addition to the following depending on where you reside...
a. If you live in an area that is very prone to high winds, you will make considerable savings by having storm shutters.
b. You'll also be better off in windy areas with a heavier roofing material.
c. Retrofitting your home for earthquake protection.
d. Cutting off dry limbs on trees in your home will lower the likelihood of a branch falling off and causing injury and/or damage.
e. You'll also do well if you keep your trees at a safe distance from your building for obvious reasons. A tree can aid burglars and their branches can also fall off and destroy part of your house. In addition, having these over your roof could seriously reduce its lifespan depending on the material used.
Your agent will tell you other things that you can do to make your home a lower risk to your insurer.
Compare what applying each would cost and by what factor it will lower your rate. Implementing these tips will help you lower your Tennessee house insurance rates.
3. It is more expensive and very unnecessary to insure the land on which your house is built. A good number of people spend much more than they should on their Tennessee home owner's insurance on account of this mistake. You have made same mistake if you insured your home for the price you bought it without checking the cost of the land it is built on and subtracting it.
If you made this mistake quickly meet with your agent and check through your home insurance policy. Subtract the value of the land and you'll realize that you will need far less coverage.
Your premium will be less and you'll still have adequate coverage if you do this right. Because insurance is for valuables that can't afford to lose, insuring the land which can neither get lost or damaged isn't a smart move.
4. You pay less if you take measures to reinforce your roof. Take serious note of this if you live in the East where high winds are more prevalent. You can get advice from your agent on how you can reinforce your roof and receive discounts as a result. Fixing weighty shingles is one way of doing it.
5. You may be paying much more if you have a government homeowner's insurance policy. Some areas used to find it difficult to get home insurance coverage. The only solution for such folks then was to go to a government agency that sold government homeowner's insurance. Nevertheless, at present there are many private insurers who also provide coverage for such regions.
Many may still have little or no other means of getting home insurance coverage apart from a government homeowner's insurance. But if your area is presently catered for by some private insurers you could save a lot more by switching to them.
6. You can see savings of hundreds of dollars on your home insurance policy by obtaining insurance quotes from insurance quotes sites. The best strategy is to visit a minimum of five sites and ensuring that you provide the same (correct) details.
I advise that you visit a minimum of five quotes sites as it will ensure you do not miss out better quotes not given by the other sites. This gives you a broader basis for doing more extensive comparisons thereby increasing your chances of getting more for less.
Here are my favorite quotes sites (highly recommended)...
Get Affordable Home Insurance Quotes
Home Insurance Quotes In Minutes
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