4 Home Improvements to Help Save on Homeowners Insurance

By on June 20, 2017
How to Save Money on Homeowners Insurance

If you want to spend less each month on your homeowners insurance, prevention is key. By taking preventive measures to avoid common troubles that lead to insurance claims, many insurance companies reward homeowners by discounting monthly premiums.

These updates are in your best interest for more reasons than just saving on your monthly bills. The following home updates can also help you save time, money and prevent stress.

Take Disaster Prevention Measures

Do you live in an area prone to natural disasters like hurricanes, tornadoes, earthquakes, extreme snow, wildfires, mudslides or flooding? You should reinforce the windows, roof and doors in your home to help prevent damage when a natural disaster strikes. It can also help you save on your monthly premium. To strengthen your windows, add storm shutters that can be securely shut when heavy winds strike. If you live in an area prone to tornadoes or hurricanes, replace the exterior doors in your home with products that have been tested to withstand extreme weather, like the StormSafe Doors

Add a Security System

The addition of a home security system can save you big because it helps to deter burglars and, therefore, lessens the chance you’ll need to file a claim for stolen property. When shopping around for a reliable security system, look for one that includes sensors for all of the doors and windows in your house, can be integrated with wireless cameras and includes affordable monitoring so that help can be dispatched right away in the event of trouble. 

Remember, your home security system is only a criminal deterrent if you actually use it. Save yourself the hassle of fretting about whether you remembered to arm your alarm system by also adding a home automation system like ADT Pulse, which allows you to control your alarm system, smart thermostat, smart locks and other home automation products remotely from an app on your smartphone or tablet. 

Update an Older Home’s Infrastructure

If you live in an older home with outdated plumbing or electrical systems or an old roof that needs to be replaced, updating these basic infrastructure elements could save you big on your monthly insurance premium. These outdated systems can cause a lot of expensive problems and lead to big claims on your policy, which is why many insurance companies incentivize making these updates. Beyond saving money on your homeowners policy, you’ll also be saving yourself the hassle of dealing with major plumbing issues, electrical outages and roof leaks. 

Install a Generator

If you live in an area that is prone to major storms that cause power outages, you can save yourself a lot of money, time and frustration by installing a generator in your house. By wiring an automatic generator right into your home’s electrical system, you’ll never have to worry about losing power in a storm again because the generator will automatically begin supplying power to your home as soon as the electricity goes out. This is especially critical to prevent pipes from freezing in the winter, which can cause thousands of dollars in damage if your pipes burst.

Take precautions before a disaster hits. These preparations will keep you safe when one does happen, and in the meantime, you can save money on your homeowners insurance.

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4 Home Improvements to Help Save on Homeowners Insurance