One thing insurance companies don’t like is risk. Insurers want to keep all claims to a minimum. So as a consumer you are going to save money by reducing the risks.
One way to do this is to take all necessary measures to eliminate the threat of burglary or theft. By doing this you reduce the risk of it happening and insurance companies like that. By increasing security, they can offer you the biggest savings.
The first step is to contact your insurance company and find out which anti-theft devices can save you the most money on your premium. You can’t move on until those details are explained, and then you can look at the range of choices you have access to.
Security systems carry the minimal risk, especially if you flaunt the fact that you have one. Doing so will often get you as much as 20% off. These systems also offer fire alarm measures that greatly reduce your costs as they are monitored by a third party.
Usually you have a number of different options in systems, checked and unchecked. Both offer advantages and disadvantages. Use floodlights, deadbolts, neighborhood watch programs, keep expensive items in a safe deposit box at a bank, and consider hiring a third person to inspect your home and certify in writing that all precautions have been taken to protect your home from burglars.
The final price of your premium can go even lower with additional simple safety features. Systems connected to the police and fire brigade in particular yield the greatest savings. Robbers are routinely discouraged by brightness and any signs of an alarm system.
Your insurance company can clarify what is valuable savings and what is not. You’ll need to do a little more than just tell your insurance company to keep all your windows locked to save money.
While doing that, don’t forget to get quotes from multiple insurers and compare them to see where you’re getting the best value for money.