Homeowner Insurance Discounts
Despite what some insurance companies say, there are many carriers that offer a variety of discounts, including:
A Good Credit Score
Most insurance carriers base (some of) their pricing on your credit score. Maintain a solid credit history. According to the NYS Attorney General “It is easy for New York State residents to track their credit histories. A provision in the Fair and Accurate Credit Transaction Act allows consumers to receive free copies of their credit report annually.” Reports can be ordered at any time from one of the three major credit bureaus: Experian, TransUnion and Equifax. Requests from each company can be made simultaneously, or staggered throughout the year.” www.annualcreditreport.com or 1-877-322-8228
Smoking accidents account for more than 23,000 residential fires every year. If no one in your home smokes, you may be entitled to this discount.
Seniors and Retirees
Seniors may be able to save up to 10% off their policy.
Not only do you save on your homeowners insurance, but your car insurance as well – sometimes up to 20%.
Alarm Systems/Dead Bolts.
Keeping your home safer translates into savings.
A permanently installed generator will not only keep you up and running, but your home policy may offer a discount.
Smoke Alarms and Carbon Dioxide Monitors
They not only save lives, they can save you money, too!
New Home Purchase Discount
A copy of your closing statement will entitle you to a homeowners discount.
Newer Home Construction
Homes of new or newer construction are usually discounted
Renovated Older Home Credit
For older homes updating your utility services will offer you a discount with many insurance carriers.
Certified Green Home Credit
Click here to read more.
Paid in Full Credit
Avoid service charges from monthly payment plans and the net cost of your home insurance is less!
Electronic policy delivery and billing options
Not for everyone, but these options may save not only trees, but money as well
Claims Free and Higher Property Deductibles
Increasing your property deductible or “self insuring” for the small losses will keep your policy “Claims Free”.