Home » Finance » Insurance

Reduce Your Home Insurance Premium By Up To 20%

May 8, 2008
The potential dangers that your home can be subjected to are not just limited to natural disaster but also the threat of fire, theft or vandalism.

There are so many factors outside of your control so you really need, especially in this day and age a good home insurance policy which you can simply arrange with your insurance company where in return for your regular payment installments will pay out an agreed amount of money should you ever need file a claim.

To preserve against the many unpredictable factors life can throw your way you need a homeowners policy to ensure you are covered against arson, vandalism, flooding and burglary to the more everyday things like your freezer breaking down and spoiling the food. Every insurance policy should contain a deductible which needs to be addressed but should the need ever arise to fully rebuild or replace your home or its contents is only a small allowance to make.

These days arranging a homeowners insurance policy can be as easy as simply getting on your computer. The Internet has opened up a whole new class of insurers several of which do not actually operate out of offices but are able to supply homeowners insurance directly to you.

Getting the best insurance quote possible is as easy and time effective, you can get them in as little as 5 minutes and as many as you need to make the necessary comparisons. It is not the cost of the cover that is the most important point of the insurance quote but whether or not everything you want covered is included, you will most likely want your home and your contents to be covered and getting the cheapest quote available may not necessarily cover for that.

You should be able to get a plan that suits you at the right price and if you are worried about cost, several insurers offer incentives to bring in new customers. You can further reduce the amount you owe on your policy by raising your deductible limit on your homeowners insurance. To further reduce your premiums you can consolidate your insurance policies under the same company, for example if you take out auto insurance in addition to your home insurance you can reduce your premiums by as much as 10-20% so is worth bearing in mind.

The value of each persons home is not just the building replacement but also the contents that may have taken years to amass such as furniture or works of art for instance.

Replacing personal and household possessions requires a policy that will pay for new replacements at Replacement value and not pay out on the original cost of the products at actual value. The difference being that Replacement value will see you covered for the amount you originally bought an item for, even if it is years later whereas with Actual cost only covers you at the price that your item is worth today, after depreciation.

As an example, if you purchased a couch 10 years earlier at $500 then you would get that amount should you need to file a claim as opposed to the Actual value where you would receive the amount that the couch would be worth today after wear and tear in which you would probably receive only $100 or less. It pays to know the difference.
About the Author
If you would like to get the best competitive home insurance quote for your situation, then please go here to get the
Best Quote For You
Rating:
Please Rate:
(Average: Not rated)
Views: 131
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources