Home insurance is an important expense for homeowners, but it can also be a significant drain on your budget. The average cost of home insurance in Atlanta is $1,212 per year, but there are a number of things you can do to reduce your premiums.
5 tips for saving money on home insurance in Atlanta:
Shop around for the best rates
Don’t just go with the first insurance company you find. Get quotes from several different companies to compare rates. You can use an online insurance comparison tool to make this process easier.
Bundle your policies
Many insurance companies offer discounts if you bundle your home and auto insurance together. You may also be able to get discounts for bundling your homeowners insurance with other types of insurance, such as life insurance or umbrella insurance.
Raise your deductible
Your deductible is the amount you pay out of pocket before your insurance company starts to pay for a claim. The higher your deductible, the lower your monthly premiums will be. However, you should only raise your deductible if you are comfortable paying a larger amount of money out of pocket if you make a claim.
Install security features
Installing security features, such as a burglar alarm or deadbolt locks, can help to deter criminals and reduce your risk of making a claim. This can also save you money on your home insurance premiums.
Make your home more disaster-resistant
Taking steps to make your home more disaster-resistant, such as installing hurricane shutters or reinforcing your roof, can also help to reduce your risk of making a claim and save you money on your home insurance premiums.
Here are some additional tips for saving money on home insurance in Atlanta:
- Ask about discounts for seniors, veterans, or homeowners who have been with the company for a long time.
- Take advantage of any paperless discounts that your insurance company offers.
- Pay your premiums in full every year to avoid paying late fees.
- Review your coverage annually to make sure you are not paying for coverage that you don’t need.
By following these tips, you can save money on your home insurance in Atlanta. Just be sure to compare rates and coverages carefully to make sure you are getting the best possible deal.