Your homeowner insurance quote

Homeowner Insurance Quote

Homeowners insurance can take a heavy toll of your monthly income. However, if you know what insurers are looking for you can present a lower risk profile to them, so that the homeowner insurance quote they send you will e much more affordable. Here are some ways to get a lower homeowner insurance quote:

1. Stop smoking
   Smoking accidents account for more than 23,000 residential fires every year. Some insurers offer to reduce premiums if no one in the home smokes.
   


2. Look for senior discounts
   Insurance companies have found that retired people stay at home more and spot fires sooner than working people. Older people also have more time for maintaining their homes. If you're at least 55 years old and retired, you might qualify for as much as a 10 percent discount.
   


3. Look for group coverage
   Large employers and alumni and business associations often work out insurance deals with an insurance company, which includes a discount for employees and members.
   


4. Stay with an insurer
   If you've kept your coverage with a company for several years, you may receive special consideration. Several insurers will reduce their premiums by 5 percent after you stay with them for three to five years; and some companies will discount you as much as 10 percent after six years.
   


5. Check your policy annually
   You want your policy to reflect the value of your home and belongings. If you review your policy every year, you will be able to make the necessary adjustments. If, for example, you just sold a valuable painting, you won't to need the same amount of personal property coverage. But if you've added a garage, you'll need to increase your dwelling coverage.
   


6. Look for private insurance first
   If you live in a high-risk area - one that is especially vulnerable to coastal storms, fires, or crime - and think you'll be forced to buy home coverage from your state's high-risk insurance pool, check first with an independent insurance agent. You may find that you can still buy insurance at a lower price in the private insurance market than from your state's insurer of last resort.