Saturday, January 19, 2008
Home Insurance Quotes - A Fast Way To Save Money
Are all home insurance quotes the same? The answer is no. In fact if you take the first quote you get, you may be paying too much. Many people do not realize how easy and fast it can be to save money on home owner insurance. Here s how: Make sure you get several comparison quotes. You should get at least three different quotes to compare. Why? Home insurance rates can vary from one insurance company to the next. Just shopping could make the difference of hundreds of dollars in what you pay in premiums. You can either pick up the phone book and start calling, or use the convenience of the Internet. One way to do this is to go directly to each insurance company s Web site and request a quote. As you request your quotes, make sure to enter the same desired coverages and deductibles for each company so you can have an accurate comparison. This can take some time. Many people like to use an insurance comparison Web site because you only need to enter your information once, and then you can get several different quotes back from companies or agents. You ll need to have an idea of how much coverage you would need to replace your home at today s costs. To help get you started for quote shopping purposes find a typical cost-per-square-foot figure for similar homes in your neighborhood. A realtor can help you. Then multiply that by your home s square footage. Another way to save is to take advantage of any available discounts. If you already have car insurance, get at least one of your quotes from your auto insurance company. They may offer a multi-policy discount which could save you 5% or more. You can also request car insurance quotes from the other companies and see if they ll save you more. Also, you may save by having upgraded electrical and plumbing and a burglar and fire alarm system. Increasing your deductible, and making sure you don t include the value of the land your home is on in the total coverage can help you save on home insurance as well. Get several free comparison home insurance quotes , and learn more about saving on home insurance at LowerYourInsurance.com . Justin Scott is a freelance writer.