Looking For Cheap Homeowners Insurance? Check Out These Discounts

Smart shoppers are always on the lookout for homeowners insurance discounts. The easiest way to save is to work one-on-one with a licensed agent as your personal homeowner insurance guide. Then adjust your policy to fit your home and budget. You could help lower the cost of homeowners insurance by evaluating your home's qualifications and finding out whether you're eligible to receive these big discounts.

Five Ways You Could Get Cheap Homeowners Insurance

These homeowners insurance discounts are easy to qualify for and could help you lower your premium.

Bundle Your Home and Auto Policies
One of the easiest ways to lower the cost of homeowners insurance is to bundle your home and auto insurance policies with the same provider. This smart saving strategy offers a little more convenience when it comes to managing your policies and could help you save as much as 20% on your home insurance.

Install Deadbolt Locks
The deadbolt discount is a smart, easy way to save money while increasing the security of your home. Deadbolt locks offer greater peace of mind that your home is protected against break-ins and theft, and installation is relatively cheap. Homeowners insurance policyholders must typically install deadbolt locks on every entryway into the home in order to qualify for this homeowners insurance discount.

Install Fire and Smoke Alarms
Another smart investment for any home is a fire and smoke detection system. These devices are designed to help warn you and your family of hazardous situations in time to get to safety and prevent damage to your property. Compare homeowner insurance providers that offer helpful discounts of up to 5% to responsible homeowners for installing safety devices like these that help prevent expensive claims.

If your home is protected by a security system, you could also help lower the cost of homeowners insurance by as much as 10%. It's a good idea to talk to your provider before investing in any new devices to find out what kind of equipment is recommended for the biggest savings.

Own a New Home
Policyholders who have purchased new homes often enjoy cheap homeowners insurance compared with those who own older houses since they have been proven to better withstand damage caused by common perils. If your home was built in the past 10 years, ask your licensed agent whether you're eligible to start saving. If you live in an older home, you may also compare homeowner insurance discounts for any updates or renovations you've made recently.

Be a Claims-free Homeowner
The easiest way to qualify for cheap homeowners insurance is to be a responsible policyholder. These helpful homeowners insurance discounts are designed to reward customers who take smart precautions in order to help prevent accidents and claims in their homes. If you've never had to file a claim on your policy, you'll likely enjoy cheap homeowners insurance compared with someone who has several claims in their history.