Did you know that living next door to a fire station could lower your homeowners insurance payments? Proximity to a firehouse is just one variable of many that can significantly reduce what you’re paying for homeowners insurance. Set aside time this week to review your homeowners policy and take steps to reduce the risk of loss so you can cut thousands of dollars from your premium payments over the life of the policy!
In a survey of over a thousand consumers, the Travelers Co. discovered that over half of the respondents (56%) in 2016 said they check their homeowner policies at least once a year, down from 60% in the 2015 survey. Those who aren’t checking their policies could be missing out on ways to save. Here are a few steps you can take to start the new year off with lower premiums:
There are plenty of smaller things you can do or lesser-known discounts that might be available to you, depending on the insurance company. Anything from being a non-smoker to owning a home with “green” features like Energy Star appliances can affect your homeowners insurance premiums.
Looking to start the year off on a good note? Review your homeowners insurance policy with the above points in mind, and start saving!