Call Us 630-227-9000 Español ☰ ˟
Logo
Español Call Us: 630-227-9000
  • Home
  • Coverage
    • Automobile
    • Auto Liability
    • BOP
    • Buried Utility Lines
    • Business & Commercial
    • Condominium
    • Homeowners
    • Personal Umbrella
    • Recreational Vehicle
    • Renters
    • SR-22 Insurance
    • Watercraft & Boat
  • Get A Quote
    • Automobile
    • Auto Liability
    • Business
    • Homeowners
    • Motorcycle
    • Renters
    • SR 22
    • Uber & Lyft
  • Blog
  • Make A Payment
  • Resources
    • Refer a Friend
    • Important Files
    • Insurance Glossary
  • About Us
    • Location Map
    • Privacy Policy
    • Samco Agency Careers
  • Contact
Auto and Home Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Learn More
Business Icon

Home

We browse through a wide variety of coverages and find the right one for you.

Learn More
Life and Health Icon

Renters

We browse through a wide variety of coverages and find the right one for you.

Learn More
RV and Boat Icon

Business

We browse through a wide variety of coverages and find the right one for you.

Learn More
Annuities Icon

Recreational

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > 3 Ways to Save on Homeowners Insurance
THURSDAY, OCTOBER 6, 2022

3 Ways to Save on Homeowners Insurance

Many people think the best way to save on homeowners insurance is to reduce their coverage, but that could put you in a very bad spot if a covered event occurs. Over two-thirds of American homes are underinsured because of this. Instead of sacrificing valuable coverage, try the following 3 tips for saving on your current coverage: 

Ask for discounts 
You may be eligible for a discount, but you’ll never know until you ask your agent. Available discounts may include, but are not limited to: House with car in Driveway

  • Senior discounts: for ages 55 and up 
  • Home security discounts: for homes containing security features such as smoke alarms, alarm systems, fire sprinklers and dead bolts 
  • Loyalty discounts: For years of loyalty to an insurance provider 
  • Home improvement discounts: for renovated homes with new features such as new electrical wiring, new heating systems and new plumbing systems 

Remember, the less risk your homes poses, the more likely it is that your insurer will be willing to offer you a discount. 

Raise your deductible 
A higher deductible often equates to lower monthly premiums. Most standard homeowners policies have a $500 deductible. However, it’s recommended that you raise your deductible to the highest amount you could afford at any given time. That way, you’ll save money each month on your premium—up to 25 percent off! With this discount, you can save more of your income, which can fund your deductible if a covered event occurs. 

Bundle your policies 
Bundling your policies together with a single insurer can save you up to 15 percent on premiums across the board. The most common bundle is home and auto, but you can also include your RV, boat, any other recreational vehicle you own and even your life insurance—the possibilities are endless. A multi-line policy is an easy, effortless way to save money right away. 

Posted 6:57 PM

Tags: home insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020

  • auto insurance(11)
  • renters insurance(8)
  • home insurance(6)
  • score(1)
  • homeowners insurance(1)
  • sr-22 insurance(1)
  • coverage(1)
  • home insurance for electronics(1)
  • car insurance(1)
  • credit(1)
  • auto(1)
  • jewelry insurance(1)
  • car(1)
  • premiums(1)
  • medicare(1)
  • insurance(1)

View Mobile Version

Get In Touch!
630-227-9000

Contact Us
Social

Resources

  • Products
  • Customer Service
  • Payment Options
  • Report a Claim
  • News
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

333 N Wood Dale Rd #207
Wood Dale, IL 60191

P: 630-227-9000 | F: 630-694-0203
© Copyright. All rights reserved. | Powered by Insurance Website Builder