No one wants to pay more for their homeowners insurance than they have to. Luckily, there are many things that homeowners can do to reduce their rates without sacrificing coverage. For instance, you can save on insurance by making your home safer. Here’s how securing your property can lower your home insurance premiums.
Home insurance providers reward homeowners that are proactive about protecting their property. When you take steps to reduce your risk for claims, their insurer may reward you in the form of a home safety discount. Here are some of the ways that you can unlock this type of policy discount.
Having deadbolts installed on all your home’s points of entry is a great way to slow down even the savviest of home invaders. However, the type of deadbolts that you choose does matter. When selecting deadbolts for your home, look for options that are labeled Grade 1 or Grade 2. Avoid Grade 3 deadbolts as they are the weakest. When installing deadbolts, make sure they extend at least an inch into the door jam and have a reinforced strike plate with three-inch-long screws. These factors will make it much harder for an intruder to kick in your doors and ransack your home.
Fire sprinklers minimize your risk for fire damages. These systems work by responding to fires inside your home and releasing water or other flame retardants to extinguish the threat. Fire sprinklers lower your risk for heat, smoke, and fire damage and can even save your home from total ruin in extreme fire emergencies.
Studies show that security systems reduce the risk of homes being burglarized by more than half. Additionally, many home security systems now come with extra safety features such as surveillance cameras and automatic fire or carbon monoxide alerts. The most features your home security system has, the higher your home insurance discount may be.
Making these upgrades and securing your property can lower your home insurance premiums. Need help finding affordable homeowners coverage? Then contact the experts at Mike Leonard Insurance Agency. Our dedicated team is eager to find you the right coverage from one of our many carriers, including: Kemper, MetLife, Nationwide, Travelers, Safeco Insurance, Progressive, and American Strategic Insurance.