Many Americans are going to become first-time homeowners this spring. One of the biggest costs that comes with this move is homeowners' insurance. The following tips can help you keep your premiums affordable:
Consider installing home security features
Even if you've never had someone break into your house, insurance companies still need to account for the risk of such a crime. So, if you are looking to cut down your premium, you should consider installing some serious security improvements in your home. You don't need a sophisticated video surveillance system that you see in the movies, but an alarm system that alerts the authorities when your home is breached could be helpful.
Ask your provider about any possible discounts
Sometimes, all you need to do in order to get a discount is just ask. By picking up the phone and calling your insurance company, you may become aware of potential discounts that you have never heard of. For instance, some providers will offer lower premiums to people who are older than 55.
Bundle with car, life and other insurance policies
You've likely seen the commercials about how you can save money by bundling your cable, phone and Internet together. The same type of deals are available for your insurance policies. If you have car or life insurance as well as homeowner's insurance, you could purchase all of your plans from the same provider. Make sure you get in contact with your insurance company to see how much you can save by bundling.
Visit www.capwestmortgage.com/quote or call (866) 614-5959 to speak with a CapWest Mortgage representative today. Have questions about homeowners' insurance? Ask about CapWest's partnership with Liberty Mutual.