What can I do to obtain homeowners’ insurance discounts?

When individuals are trying to purchase homeowners’ insurance, they may be alarmed at the cost. This is especially true if the home is located in an area that is prone to flooding, hurricanes, and other natural disasters. However, what a lot of people aren’t aware of is that some insurance companies will offer premium discounts depending on the safety precautions that the homeowner takes for the home.

Some of the ways that a homeowner may be able to obtain a discount on their insurance premium is by making sure the home has things that can help prevent or lessen the damage if a fire starts. These can include smoke detectors, fire extinguishers, and sprinkler systems. In addition, when a home is located in an area that is susceptible to hurricanes, the insurance company may offer a premium discount if the homeowner puts precautions such as hurricane resistant windows and doors on the home or installs hurricane shutters on all exterior doors and windows.

As you are shopping around for homeowners’ insurance, you may want to consider asking about what premium discounts are offered if you take these precautions. If you have questions about the legalities of insurance, contact our firm today to schedule a consultation.

The Law Office of Craig A. Blumberg is an experienced New York City insurance law firm. If you require quality assistance after having suffered property loss, please contact our firm to schedule a free initial consultation.