Homeowners Insurance Discounts You May Have Already Earned Without Knowing
You may have recently done things around your home that would save you money on your homeowner's insurance, but you didn't even know it and you're missing out on discounts. If you are afraid you are missing out on a chance to save money, make a list of the recent updates or changes you've made around the space.
Look at the list and call your homeowner's insurance agent to see if they know about the changes, so you are properly covered, and to inquire if any of these changes are going to save you money. The following changes may apply.
Structural Upgrades
Have you added new roofing shingles that may prevent a leak in the home, or replaced old plumbing or electrical wiring? Improving the structure of the home helps prevent potential mishaps that cost insurance companies money, so they may earn you a discount on your homeowner's insurance policy. Replacing appliances like a hot water tank or oven are also things that you should add to the list.
Replaced Fire Alarms or Added Gas Leak Detection
Have you replaced all of the fire alarms around the house with new models? Have you had a gas leak detector added to the home? These are things that can detect a problem to get you out of the home, and to help you alert the fire department quickly if there is a problem. Having fire alarms that work help you catch a burning pizza in the oven, before you forget about it and your kitchen is up in flames.
Home Security Updates
Did you recently add a security system to your home, or have privacy fencing installed around the property? You are 300 percent less likely to be a victim of a home intrusion when the home is equipped with a security system, and a privacy fence can prevent trespassers. Have you added deadbolts or replaced the doors with new ones that have high tech locks? These things or other precautions should be explained to your home insurance company to save.
You could be paying the same amount for homeowner's insurance each month as you did before you made changes around your home, and missing out on saving money you can put to good use. Call an insurance provider like Coast Comp Insurance Agency to learn more about other credits you could be missing out on and how you can take advantage of them.