5 Ways to Lower Your Home Insurance Costs

Your home is one of the most crucial elements of your life. It is where you eat, sleep, and live, and it contains all of your most important possessions. Given this substantial significance imbued upon your home, it only makes sense to protect it with homeowner’s insurance. Unfortunately, in certain instances, homeowner’s insurance can be quite expensive, but when you follow these tips, you can reduce your insurance costs to keep your home safe, without breaking the bank.
1.    Increase Security – A great way to lower insurance costs is by beefing up your home security. Deadbolt locks on doors and burglar alarms reduce your chance of a break in, and efficient smoke detectors with fire alarms and a sprinkler system lower your risk of fire damage. Not only do these make your house safer in the eyes of your insurer, but they keep you and your family safe as well.
2.    Seek a Higher Deductible – While it may seem counterintuitive to spend more money to save money, when you set a higher deductible, in many cases this results in a lower insurance premium that could save you as much as 25%
3.    Eliminate Unnecessary Structures: Older structures are less likely to have the same fortifications of newer ones which put them at a higher risk. If you have an old gazebo or storage shed that go unused, removing them from your property could reduce your premium costs as all buildings on the property are usually covered by the insurance policy.
4.    Protect Against Disasters: Florida is a state which is very prone to natural disasters. Between tropical storms, hurricanes, and flooding, there are many potential claims that can make your policy can become costly. Reducing the risk by installing storm shutters, flood vents, and even shingles with high wind resistance can help cut down on your insurance costs.
5.    Make Claims Selectively: The more insurance claims you make increases your chances of becoming labeled as a high-risk customer and drive up your costs. If a claim is minor enough that you can pay for it out of pocket, it might be better to do so to avoid tarnishing your claims record.

Insuring with Corkhill
When it comes to insuring your home, there are many considerations to account for, and it can be incredibly difficult. That is why at Corkhill Insurance Agency, LLC, we aim to help you with our pricing, and insurance packages to meet your requests. With over 40 years of experience, our staff of expert customer service agents wants to help you to find solutions for your insurance needs. Contact us today with any questions at 407-898-8891, and request a free quote.