Contrary to all you might have heard, you don't really have to do very great things in order to enjoy the cheapest policy that meets your needs. It's normally small things that bring about massive discounts. Let's examine a good number of them here...
1. Motion-sensitive lighting reduces your home's risk of burglary and, as a result, helps you get lower home insurance premiums. Burglars will keep off from places where their movement will be easily observed. And motion-sensitive lighting does just that. Since thieves avoid homes with such lighting, you lower your home's risk of burglary and, by extension, your premiums.
2. Make sure you do NOT leave ladders hanging just anywhere. You might be providing burglars with the very equipment required for their operation. In the same manner, don't forget your tools or pieces of equipment on the lawn. Like ladders, tools and such could help a thief in breaking into your home. Keep them well and you'll not increase your rate.
3. Ensure you don't make the mistake of not subtracting the land's value from your home's value as you apply for a home insurance policy. Some folks pay much more than they should on home insurance on account of this mistake. Insuring your home for the full price you bought it without subtracting the the land's cost is an expensive error.
If you made this mistake quickly call your agent and review your coverage. Subtract the cost of your land and use only the cost of your house and its contents.
This implies that you'll spend a lot less on home insurance. Since insurance is for things that can be lost or damaged, insuring the land which can neither get lost or damaged isn't right.
4. You'll pay cheaper premiums if you elect to pay your Georgia homeowner insurance rates anually and not monthly. An insurer sends 12 notices for monthly payments instead of one for annual payments. This costs them more.
If you add to the fact that each check you make out is considered a transaction by their bankers, you will see that they still spend extra on transaction charges for each check you pay in. 12 checks are 12 transactions which attract 12 separate transaction charges. And as with everything else, it's you the customer or policy holder who bears that cost.
You will get reasonable savings if you start paying annually. What you'll save could be as high as 8.5% of your total monthly payments over the course of just one year.
5. Having your premium deducted automatically from your account will bring about cheaper Georgia homeowner's insurance rates. Just let your bank know that you want an EFT (Electronic Fund Transfer) in favor of your insurer. This is strongly advised because of its convenience and the fact that it gets you a discount.
6. You will save a lot if you can shop around and do detailed comparison. The the difference in quotes presented for a request could be as wide as $1,000 for a particular person. While this is a good thing, it's important that you don't get carried away. It's not usually that easy if you want the best price/value. The cheapest price may not give you the best price/value.
Although each of the quotes returned will certainly give you the same basic coverage, there could be a number of differences in the details of coverage. This makes it crucial that you find out if there aren't any exclusions that won't serve your best interest. Don't forget to treat these no-obligation quotes just that way. Don't feel you have to pay unless you've got all your questions answered to your satisfaction. You will prevent rude surprises later if you do this.
Here are my favorite quotes sites (highly recommended)...
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