People who have discovered what to do don't have any problems enjoying the lowest Washington homeowners insurance rates without compromise to the quality of coverage they get. I'll reveal a number of you have to do if you want massive discounts that won't put you and yours at risk...
1. Electing to pay your premiums monthly results in more expensive premiums than you would spend if you decide to pay annually. A strong reason for this is the cost an insurance company incurs for posting you twelve bills instead of just one anually.
The cost increases if you include the fact that they pay transaction fees for processing each check you send them monthly. They pay transaction charges 12 times instead of once a year for monthly premiums. And, believe it or not, these extra costs are ultimately added to your Washington home insurance rates.
Therefore opt for annual payments instead if you want to make savings this way. You could save up to a month's premium within a year.
2. You will pay less if you have motion-sensitive lighting for your home's exterior. Burglars will avoid any place where their activities will be easily noticed. And motion-sensitive lighting does this exactly. The risk of burglary is a key factor in determining a home's risk to an insurer and, by extension, your rate.
3. The material you use in the construction of your house goes a long way in affecting your home insurance premium. Buy a frame house if you want better resistance to earthquakes or buy a brick home if you want better resistance to high winds. This implies that those who live in the East will save if theirs is a frame house. On the other hand, people who live in the West will enjoy cheaper premiums if theirs is a frame house because of the earthquakes there. Building with the appropriate material for your state will save you a minimum of 5%.
4. If you install a sprinkler you'll be eligible for a discount. The reason for this is that a sprinkler system works well in suppressing fires. Even though they're by no means affordable, they'll get you good discounts.
5. Don't insure your house along with the land it is built on as this will cost you more but needless. People who ignorantly do this pay for more insurance than would do them any good. They just insure their house for its entire value without subtracting the land's cost.
If you did this quickly call your agent and review your home insurance policy. Reduce your coverage to the cost of your home and its contents minus the worth of the land.
Doing this will reduce your premiums considerably and still have sufficient home insurance coverage. Bearing in mind that insurance is for valuables that can be lost or damaged, insuring the land which can neither get lost or damaged isn't a smart move.
6. You can save a lot of money in home insurance if you get and compare home insurance quotes from quotes sites. You'll make savings if you visit just one of such sites. But keep this in mind, you'll get better results by visiting at least five.
The plain reason for this is that you will obtain a greater number of home insurance quotes from a wider range of insurance companies. This increases your chances of receiving better offers.
Here are my favorite quotes sites (highly recommended)...
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