How To Buy Home Insurance At The Cheapest Price

The price of insurance has gone through the roof in the past few years. Just a few years ago you could get homeowners insurance for $300 to $400 a year. Now the cost for the exact same coverage is $600 to $900 a year!
Here are the 7 best tips to help you buy home insurance and get the lowest price...
Research Prices
The first thing you need to do to get cheap insurance is to comparison shop, and the easiest and quickest way to do that is to go to an insurance comparison site.
In the "good old days," prior to the Internet, you needed to phone or visit local agencies to get a number of quotes to compare. Now that is all changed. Because of computer and Internet technology you can find quotes from a variety of insurers in the comfort of your own home without needing to telephone or pay a visit to an insurance agency.
When you go to an insurance comparison website, you will fill in a basic questionnaire with details about your house along with your insurance needs. In addition, you'll fill in the amount of the deductible you want, and all of the discounts that you are qualified to receive.
After you submit your questionnaire to the comparison website, you will begin to receive quotes from a number of top-rated insurers competing for your business.
The reason this should be your first step toward saving money on your insurance is that you could save upwards of $500 on your monthly premiums just by switching companies.
The Deductible
In order to get the very best rate on your insurance coverage you'll want to enter the maximum deductible you are able to afford, then enter every one of the discounts you are qualified to receive. For example, if your deductible is $100 and you increase it to $500 you can save as much as 15% on your premiums.
Increase it to $1,000 and you'll save as much as 24%
Increase it to $2,500 and you'll save as much as 30%
And increase it to $5,000 and save up to 37%
Multi-Policy Discounts
If you purchase your homeowners and automobile insurance through the same provider, you'll save anywhere from 5% to 15% on your premiums, plus you will have just one agent and one company to deal with.
Security And Safety Discounts
Installing safety and security systems, including smoke detectors, fire extinguishers, fire alarm systems, security alarms, security lighting, and security doors will save you 5% to 20% on your premiums. You'll not only lower your premiums, you'll also gain peace of mind knowing you're house is a safe and secure place to live in.
Senior Discounts
If you're 55 or over and retired you could be eligible to get a 4% to $10% discount on your insurance.
Non-Smoking Discount
If no one in your home smokes cigarettes or cigars you can get a non-smokers discount which can save you as much as 10% on your premiums.
Other Discounts
You may not be aware of all the discounts that you are eligible for, such as discounts provided to individuals in certain professions like fire fighters, police personnel, or military personnel, so before you buy a homeowners policy make sure you question your agent about all of the discounts his or her company offers and include the ones you're qualified to receive in your policy.