The last in our tips on saving money on your homeowner’s insurance is to stay with your same insurer.
If you’ve been with an insurance company for a number of years, then you may receive a discount for being a long-time policy holder.
A typical discount is around 5% for being with the same company for 3-5 years and 10% for 6 or more years. Although these discounts sound great and they are, you should check your price against some of the other companies every few years, just to be sure that you truly are getting a good deal!
Your independent insurance agent can be a great help to you with this process, as he/she has contracts with several insurance carriers and is always in a position to secure you the best deal possible!