Some suggestions for reducing your Mississippi homeowner's insurance rate actually reduce the quality of coverage you get and are, therefore, NOT smart. You can, nevertheless, still pay far less without reducing the quality of your coverage if you understand and implement the right tips. Let's go deeper into this...
1. Installing special security and fire systems that are monitored round the clock is a good move. Apart from the peace of mind you will have in knowing your home is watched regularly by committed personnel, you'll get lower Mississippi home owner insurance premiums. Depending on the insurance provider, this kind of systems can help you save between 25% and 30%.
2. Your claims in time past has an effect on an insurers perception of your home's risk. If you make claims for every little thing, your home will soon be considered a much higher risk than another comparable home where the owner files fewer claims. You will attract a higher premium as a result of this higher risk impression.
You are, therefore, encouraged to NOT make claims for minor things that will not really cost you much if you take care of them personally. You will be keeping your Mississippi homeowners' insurance premium more affordable by doing that.
3. You'll also get a discount if you have motion-sensitive lighting for your home's exterior. Burglars understandably don't like to operate in any environment they could be easily seen or caught. Because thieves avoid homes with such lighting, you lower your home's risk of burglary and, by extension, your rates.
4. You'll pay a lower premium if you select a higher deductible.
A deductible is an amount a policyholder is bound to pay before his/her insurance company becomes duty-bound to fulfill the terms of their policy. $250 seems to be the least deductible available in Mississippi home owner insurance. You'll easily make savings of around twelve percent on your premium if you raise your deductible from this minimum amount ($250) to $500. If you decide to make it $1000 you could easily make savings of about 24 percent. Different insurance companies could give more or less therefore check with your agent before you make this decision..
5. Ensure you have fire extinguishers in your house at very strategic points or near all fire sources. If you do NOT have any other place, ensure that your kitchen has one. You must also ensure that it's adequate for your kind and size of kitchen.
A fire extinguisher is only beneficial if it can be reached and also works properly. Therefore, make sure it is in its best condition and within easy reach. This may seem little but you'll pay more if you don't keep them in your home.
6. You can get savings of hundreds of dollars on your home insurance policy by getting insurance quotes from insurance quotes sites. The best method is to visit a minimum of five sites and ensuring that you input the same (correct) details.
I recommend that you visit not less than five quotes sites as that will ensure you do not miss out offers not carried by the other sites. This gives you a broader basis for doing more thorough comparisons thereby increasing your chances of getting more for less.
Here are my favorite quotes sites (highly recommended)...
Get Affordable Home Insurance Quotes
Home Insurance Quotes In Minutes
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