Home insurance credits to save money without sacrificing coverage.
When looking for ways to save on home insurance, many homeowners stop at a fire alarm and security system. Either that, or they cut down their coverage to a bare minimum policy. However, there are more (and better) ways to safeguard your home from risk and damage. Many of these options are often rewarded with home insurance credits, meaning that you can save money without cutting down on coverage.
Check out these five hidden insurance credits:
New wiring: Old homes and poor wiring do not mix well. The U.S. Fire Administration estimates that home wiring causes twice as many fires than electrical appliances. If your home’s wiring is old or in poor condition, it could be time to replace it. Not only does it mean a much safer home and fewer outages, but lower insurance rates, too.
Impact-resistant roofing: In storms, your roof is the first line of defense. If your roof is weak, your home is more likely to suffer rainstorm and water damage. By adding impact-resistant roofing, you can lower the risk of filing a claim.
The policyholder’s age: Retirees and seniors often spend more time at home, where they might be able to detect a home hazard in the making. If you or your spouse is aged 55 or older and your home is your permanent residence, you may qualify for a mature insured credit.
Gated community: If you live in a gated community, you have additional protection from theft and vandalism. Gated communities are much less attractive to a thief than a place that doesn’t have that security.
High-tech sensors: Homeowners are now going beyond the traditional fire alarm or security system to keep homes safe. New technology on the market can detect water or natural gas leaks before there is a large issue at hand. Gas and water sensors are a great credit to have, and even better news for your health and safety!
With the right home insurance policy, your property is protected, and your insurance is there for when you need it the most. Contact the team at Nahai Insurance Services to get started on your tailored home insurance policy.