When you are buying your first home in Washington State, one of the details you will need to consider is how to get the appropriate Washington home insurance for your needs. Affordability may be a key issue and thinking of ways to reduce your home insurance premiums should be a priority. Here are a few thoughts which may help you reduce the level of your policy premiums, which can result in savings over the long term.
Make changes to your home
By strengthening the security of your house – adding better locks to windows and doors, installing a recommended burglar alarm, and joining or setting up a neighborhood watch program – you demonstrate to your insurance company that you are serious about improving your home’s security against would-be thieves. The insurer may then class you as less of a risk against burglary, and possibly reduce your premiums.
The same goes for reducing the risk of the damage caused by natural disasters. For example strengthening your roof against windstorms may reduce the likelihood of roof and building damage and again put you in a lesser risk category.
Increase your deductible
The deductible is the amount you pay before any compensation is given by the insurance company. The system is designed to stop frivolous claims made against policies. By increasing your deductible, you may reduce the level of premium you pay.
By making a few strategic changes, you may find that you can reduce the level of premium on your Washington home insurance. Need more information? Call us to discuss the details.