It doesn't usually take implementing very many tips to realize massive savings while maintaining adequate coverage. It's generally small things that help you get massive discounts. I'll take the pains in this article to show you such things...
1. You will as well enjoy a discount if you have motion-sensitive lighting on your property. Thieves understandably don't like to operate in any place they could be easily noticed or caught. The risk of burglary is a key factor in calculating a home's risk to an insurance company and, consequently, your rate.
2. Don't leave ladders in places where someone can easily pick them. Keeping it in such a manner would be making a burglar's operation a lot easier. In the same manner, don't leave your tools or machinery on the lawn. They also make breaking and entry much easier for burglars. All such things will eventually add to premium if you do not keep them in the right place.
3. It is more expensive and very unnecessary to insure the land on which your home is standing. Those who ignorantly do this are paying a lot more than would do them any good. Insuring your home for the full price you bought it without subtracting the the land's cost is a big mistake.
If you did such ignorantly, you'll have to re-evaluate your home insurance coverage and go through it again with your agent. Subtract the land's value and use only the cost of your home and its contents.
Your Louisiana homeowner insurance rate will be cheaper and you'll still have sufficient coverage if you do this right. Since insurance is for things that can't afford to lose, insuring the land which can neither be lost or damaged isn't right.
4. Electing to pay your rates on a monthly basis leads to higher Louisiana house insurance rates than you would pay if you choose to pay yearly. A strong reason for this is the cost an insurance company incurs for posting you twelve bills instead of just one each year.
The cost shoots up if you include the fact that they pay transaction fees for processing each check you send them monthly. 12 checks are 12 transactions which mean 12 different transaction charges. These and other costs so incurred by your insurance company are eventually borne by you, the insured..
So, you'll attract lower rates if you decide to pay your rates yearly. What you'll save could be as much as 8.5% of your total monthly premiums over the course of just one year.
5. Let your insurer be paid your premiums automatically and you will get you a considerable discount. If you don't have an idea on how to do this, ask your banker or agent. This is recommended because of its convenience and the fact that you also get a discount.
6. You will save much if you can shop around and do thorough comparison. The range of quotes returned per request could be as wide as $1,000 for a particular profile. Although this is a good thing, it's important that you don't get too excited yet.
It's not normally that straightforward if you want the best price/value. The lowest quote may not give you the best price/value. Although each of the quotes presented will certainly give you the same main coverage, there may be a lot of differences in the details of coverage.
This makes it important that you find out if there aren't any exclusions you won't like. Remember to treat these no-obligation quotes as their name implies. Don't feel you have to pay unless you've had all your questions answered satisfactorily. You will saved from rude surprises down the road if you do this.
Here are my favorite quotes sites (highly recommended)...
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