Almost every homeowner in Mississippi is serious about wanting to protect their home, which is also their biggest investment and their most valuable asset. And the very best way of protecting that asset is by purchasing homeowner's insurance.
However, paying more for the same protection doesn't make your home any more secure. In other words, while everyone wants to protect their home, no one wants or needs to pay even a penny more for their homeowner's insurance than they absolutely have to.
The good new is that that are several things that most homeowner's can do that will reduce the cost they pay for their insurance each month without altering their coverage in the slightest.
For example, simply letting your agent know that you have done some routine outside maintenance can lower the cost of your insurance. Fill in pot holes and replace any broken, buckled or uneven concrete. Repair any lose floorboards on porches or decks and make sure all railings are tight and secure. These actions make your property less susceptible to injury-related lawsuits and should lower the cost of your insurance.
Paying your premiums yearly rather than monthly will save you money. If you can't afford to do that then making automatic monthly payments from your bank account will also save you money.
Do you know what the most common claim is that homeowners file against their insurance company? It's for broken water pipes that flood their home. Talk to your agent and see how much you could save each and every month if you were to make a one-time investment in upgrading your plumbing system.
Making your home less appealing to criminals can also save you money every month. Add deadbolt locks to every single outside door and make sure all windows have a working lock. Next trim back bushes away from all windows and finally install motion-sensitive floodlights.
Purchasing a fully-monitored 24/7 home security system can add a great deal of peace of mind to your entire family. Such a system can also save you a cool 20% or more each and every month on the cost of your homeowner's insurance. Your insurance agent will have a list of systems that qualify for the highest discount.
Also, if you run a business out of your home then a portion of your home security system could be tax deductible, saving you even more!
Make sure you have a kitchen-approved fire extinguisher in your kitchen.
Also make sure that you have all of the necessary smoke, fire and carbon monoxide detectors installed in your home and they each have a fresh battery. Change batteries twice yearly.
Increase your deductible to the highest level that you can comfortably afford. The higher your deductible the lower your monthly insurance bill.
If someone 55 years old or older and who is retired is living in your home, let your agent know as this can also lower your cost of insurance.
Buy your homeowner's insurance online. Doing so will save you money. If you're serious about saving the most possible then you will fill out the forms on 3 different homeowner's insurance price comparison sites rather than relying on just 1 site.
You will also be careful to enter the same answers to the questions on all 3 sites. In this way you will be comparing the same insurance policy across all 3 sites and you will save the most money possible.
The final step is for you to decide which insurance companies you feel comfortable will still be around when you need them - and then just choose the best-priced policy from those companies you feel confident about.