A question that sometimes drives me hazy: am I or are the others crazy? - Albert Einstein
Homeowners insurance is a very important financial necessity. A home is usually a big investment, and it is very important to safeguard it from disasters. While natural disasters, like earthquakes, and accidents, like a car driving into your bedroom, do not happen every day, they do happen spontaneously and can create huge losses if a home is not insured.
If you are looking into buying homeowners insurance, do your research. Find out how much it would cost monthly. Learn about homeowner deductibles that you must pay before the insurance comes into effect. Make sure you know about what the policy covers and what it excludes.
In order to save on your homeowners insurance, you can take a few steps. You can consider combining your homeowners insurance coverage. Companies will credit your homeowner insurance by as much as 10% if you insure both your auto and home with them. Find out about discounts and make sure you are receiving them. Homeowners insurance discounts are often available for fire alarms, smoke detectors, burglar alarms, non-smoking households, and home updates like a new roof or plumbing system. Further, try to increase your deductible. Even though the standard deductible is $250, many people have a $100 deductible. You will be able to save about 10% on homeowners insurance by increasing the deductible to $250.