Wisconsin Homeowners Insurance – Learn How To Save On Your Policy

Homeowners Insurance – Learn How to Save on Your Policy

Home Security:  Many insurance companies will give a discount for smoke detectors, burglar alarms and dead-bolt locks. Some companies will also give a discount for sprinkler systems.

Good Credit Helps:  Insurance companies are using credit scoring more and more to determine premium on homeowners insurance.

Rebuilding Costs:  Many times people think they need to insure their house for the amount the amount purchased.  This is not the case. If your house were to completely burn down, you would still have the land. Your agent will be able to help you calculate replacement cost of the house.

Increase Your Deductible:  A deductible is the amount of money you pay on a loss before your insurance company pays for a claim. The higher you set your deductible, the more money you can save off the premium. Currently insurance companies recommend a minimum deductible of 0. Ask your agent how much you would save if you went with a 00 deductible.  A deductible is the portion of any claim that is not covered by an insurance provider. 

Multi-Policy Discount:  Consider purchasing auto and homeowners insurance from the same company as most companies will give a multi-line discount.

Understanding Credit:  Did you know that most insurance companies today will