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Arizona Homeowners' Insurance -- 9 Smart Ways To Pay Less

Apr 8, 2008
Arizona homeowners' insurance: You are totally free to NOT insure your home unless it is being financed and you still have a mortgage on it. Nevertheless, many folks will rather do without most necessities than to stay without home insurance.

They do this because they are aware of the fact that their house is a very valuable investment that they must protect by all means.

However, everybody would still be joyous if they are to find a means to take care of this most valuable investment without the usual high cost involved.

I'll teach you how to do just that with time-tested steps you can take to ensure you get the best home insurance coverage for you at the best rate possible...

1. Don't insure your home along with the land it is built on as this is more expensive but needless. Those who ignorantly do this pay for more insurance than would be of any benefit. Insuring your home for the full price you bought it without subtracting the value of the land it stands on is an expensive mistake.

If you did this quickly meet with your agent and check through your home insurance policy. Lower your coverage to the worth of your house and its content minus the land's cost.

With such a review you will lower your Arizona homeowners' insurance rates by a huge margin and still have enough home insurance coverage. Because insurance is for valuables that can be lost, insuring the land which can neither get lost nor damaged isn't a smart move.

2. Your credit rating will make you spend more or less. You'll pay higher home insurance premiums if you have a poor credit rating. A poor credit rating means that you have not been faithful in paying your bills on time.

An insurer takes this to mean that you're not financially very responsible and will possibly default in paying your premiums. If you are considered a regular defaulter, it makes you a bigger risk and draws much higher rates than otherwise.

It will, therefore, be a right step to do something about improving your credit rating. Apart from the other benefits in doing so, it will help you get cheaper home insurance rates.

3. Choosing to pay your rates on a monthly basis leads to higher premiums than you'd pay if you choose to pay yearly. A major reason for this is the cost an insurer incurs by sending you twelve payment notices instead of just one each year.

Apart from mailing costs, each check attracts a transaction charge too.

12 checks mean 12 transactions and will draw 12 different charges. These and other costs incurred by your insurance company are ultimately passed over to you, the policy holder.

Therefore, you'll get lower rates if you decide to pay your rates annually. The actual amount you could save may differ but you may be able to save up to a month's rate worth with some insurers if you choose this option.

4. Make sure that the exterior of your home is fire-safe and your rate will be lower. You'll do well if you don't have anything that is inflammable around your building.

Bushes around your home should be cut and maintained at not less than ten feet from your structure. Fire-safety is a strong point that is used to calculate how much or little you your rate will be.

5. Motion-sensitive lighting lowers your home's risk of burglary and, as a result, makes it easier for you to get lower home insurance rates. Burglars will avoid any place where their activities will be easily noticed. And motion-sensitive lighting does this precisely.

The risk of burglary is a strong factor in checking a home's risk to an insurer and, consequently, your rate.

6. Make sure every door to the exterior has dead-bolt locks. It's harder for burglars to break into homes that have such locks.

And as you know, the lower the risk of burglary in a home, the cheaper rates it will get.

7. Window locks on all windows will help you save because they reduce your home's risk of burglary. Expect to pay far more affordable rates if you have windows that have burglary-proof bars.

Although most people don't like this because it makes them feel imprisoned in their own home, it really does lower your rate by a good amount. Therefore, if you are not bothered by having burglary-proof bars in your home, have them built in and you will pay a lot less.

8. Installing advanced security and fire systems that are monitored 24/7 is a wise move. Apart from the peace of mind you will have in knowing your house is watched regularly by competent personnel, you'll get more affordable home insurance premiums.

This can lower your premium by more than 25% depending on your insurer.

9. Smoke and fire detectors will go a long way in lowering your home's fire risk. Install the right numbers of smoke and fire detectors for your size and kind of home if you want more affordable premiums.

With these, fires will be noticed quickly and put out more easily before they can do any serious damage. Do NOT forget that anything that reduces the likelihood of a fire in your home lowers your rate.
About the Author
Since it's necessary that you obtain and compare many quotes, why not start this moment with the following great quotes site?: Homeowners Insurance Arizona Quotes. Chimezirim Odimba has written more than 1,500 high quality articles on insurance.
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