One overlooked factor in saving money on homeowner insurance premiums has to do with home security.
Now, we’re not just talking about burglar alarms. Things like smoke detectors, CO2 detectors and even dead bolt locks, can lower your premium costs!
Many companies offer at least 5% discount for any of those things that I just mentioned.
Going a little further, if you install a burglar alarm, fire alarm or sprinkler system that is monitored at the police dept, fire dept or some other type of monitoring station, you can look for a 15-20% reduction in your annual premiums.
A couple of important points to remember with these types of systems is that they are not cheap and not all systems qualifies you for a discount.
If you decide to take the step and install one of these types of systems, be sure to first consult with your independent insurance agent to find out which systems qualify and how much the savings would be. You can then make an educated determination as to whether purchasing one of these systems would be in your best interest.