Why Did No One Tell Homeowners This Policy?
This is the trick your home insurance company doesn't want you to know. It's a common mistake to treat insurance for cars and homes the same. There is a significant difference in the way discounts and claims work.
After much research and feedback, here is a list of the potential discounts. Following these steps may save the average homeowner hundreds per year.
Try the "good homeowner" discount. It saves you as much as 20%.2 If you haven't filed a claim on your home for at least 3 years, you may score this no-claims discount.
The next tip is to buy home insurance at a different company. When you switch insurers, do it at least 8 days before the policy expires. This can be another double digit savings.2
The average homeowner may save hundreds per year by finding the right insurer. What you're about to see has been used by many homeowners in November to look for extreme insurance discounts.
There are over 100 home insurers. Which insurer will give you the best rate?
Consumer Fed has warned that 45% of major insurers unfairly hike up loyal customers’ rates just to maximize profits – insurers call it “price optimization.” This means your insurer will keep barely increasing your rate so it's statistically unlikely that you'll leave – this way your insurer makes a higher profit. The rule to fight back is simple. To get the biggest savings, compare discounted rates from a vast network of insurers (that are licensed in your area).
Step 1) Select your state.
Step 2) After you've entered your zipcode and complete the 60 second questionnaire, you'll have the opportunity compare the best rates in your area to possibly save hundreds per year.