Affordable homeowners insurance is possible! Just use these tips to save on your first home policy.
Congratulations! You’re in the process of buying your first house, and you’re feeling accomplished – as well you should. You might also be feeling a little stressed, though. This is a major purchase, and you want to do everything you can to make sure your finances stay healthy. Shaving a little off the cost of your home insurance can help! Here are a few tips to help first-time home buyers get the affordable homeowners insurance they deserve.
- Shop Around. Although your lender is likely offering you home insurance, you shouldn’t necessarily just go with it. Get quotes from at least a few homeowners insurance providers. You’re going to be paying these premiums for years to come, so even a small discount will add up!
- Get a Home Inspection. You probably already know that you need a home inspection, but did you know it has insurance ramifications? Your home inspector can tip you off to potential issues, helping you save money in repair costs by addressing issues before they grow. And making those necessary repairs will make your home more secure and sound, helping you save on your coverage.
- Buy in Bulk. You probably need other insurance policies. Buy all of your coverage (e.g. home, auto, life) through one insurance provider. When you bundle your policies like this, you’ll most likely be offered a multi-policy discount that can result in serious savings. Plus, it’s nice only to have one number to call for all of your insurance questions!
These tips will get you started, but if you really want to save, contact NorthStar Risk Management & Insurance Services, Inc. in Walnut Creek, California. Our team can analyze your particular situation and uncover more discounts so you can get more affordable homeowners insurance. Call us today!
