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Friday, May 29, 2009

Cheap Home Insurance: Don't Joke With The Following

By Chimezirim Odimba

Are you interested in proven ways to get cheap rates for coverage that won't compromise you? If so, the following recommendations will help you achieve just that...

Do you have fire escapes in your house? Don't fail to tell your agent about this or you might lose the discount you are entitled to. Don't forget to tell your agent even if all your home has as fire escapes are rope ladders. Ensure that you have a fire escape unless you don't want to take advantage of this discount. And don't fail to ask your agent what your insurance company considers a standard fire escape because working to that specification guarantees savings.

You might decide to do a renovation of your house. Your reason may not be to lower your homeowners insurance rate. You need to make sure that your home is just the way you want it with everything in perfect condition.

If you do this you will qualify for a big discount. So don't forget to tell your agent.

Brand new homes and homes that have been renovated are lower risks to an insurance company and so attract cheaper home owners insurance rates. But keep it at the back of your mind that the more extensive the renovation is, the more the savings you will get.

online homeowners insurance quote

Let your insurance carrier be paid your premiums automatically and you will get a good discount. All you have to do is to advise your bank or credit card company to transfer your premiums at at a particular time automatically until told otherwise. In addition to saving you in premiums you'll also save yourself a lot of time and avoidable stress.

Every regular garage has oils, gas and other liquids that are quite inflammable in nature. Therefore, let your garage be located a good distance from your living area and you'll be eligible for lower rates.

In some areas it costs more to get sufficient coverage because you'd have to buy additional insurance for certain disasters that are peculiar to such an area. You'll save a bit if you avoid buying your home in such an area. To have an idea, expect to spend an additional $400 for flood insurance for a home in a flood-prone region.

You certainly know that no mortgagor will let you remain without such where you need it. And even if you don't have any mortgage on your home, you'll be exposing yourself to avoidable heartache if you don't get flood insurance for a home in such an area.

Therefore, buy your home in a flood-free area and save yourself extra costs.

You can see savings of hundreds of dollars on your home insurance policy by requesting for insurance quotes from quote sites. The best strategy is to visit at least five quotes sites and making sure that you give the same (correct) details.

I recommend that you use not less than five quotes sites because it will ensure you do not miss out better quotes not given by the other sites. This provides you a broader basis for doing more thorough comparisons thereby increasing your chances of realizing more savings. - 23211

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