5 Ways To Lower Your Homeowner’s Insurance Premiums

For homeowners, having insurance is a must. Even if you have paid off your mortgage, no one is willing to leave their largest single investment unprotected. Still, those monthly payments can become a bit burdensome. Here are five ways that you can save money on those premiums after a small initial investment.

  • Install a security system that is monitored by an outside firm.
  • Adding smoke alarms can shave as much as 10% off your premium.
  • Look for a multi-policy discount.
  • Eliminate costly recreation items. Pools and trampolines both add quite a bit to your premium.
  • Shop around and compare policies on a yearly basis.

Short of paying off your mortgage and raising your deductible, these are probably the easiest ways to lower your monthly homeowner’s insurance premiums.

[Thanks for this guest-post go out to FLDebtConsolidation.com]

Cost of Auto Insurance By State Revealed

Insure.com, the website that keeps an eye on the insurers, has released its regular listing of the most and least expensive states for car insurance. For those who do not follow the insurance industry, the list contains some sure surprises. The most expensive states are not states that are necessarily known for their high cost…Continue Reading

Insurance Industry Is Healthy and Competitive

  Contrary to results released last week by the Consumers Federation of America, the Insurance Information Institute (III) this week found that healthy competition between insurers is making insurance more affordable for all. Last week’s results leveled charges against top insurers like Geico and Progressive that lower-income customers were being discriminated against through “backdoor” screening…Continue Reading

Women Park Better Than Men?

…in the UK, at least… According to a month-long study done by the United Kingdom parking lot company National Car Parks, British babes are better parkers than are British blokes. Using a tool it calls the “parking coefficient,” NCP secretly measured the techniques, accuracy, speed and ability to find a parking spot of 2,500 drivers.…Continue Reading

Whiplash Claims Whipping Auto Insurance Costs Up in the UK

  Rising whiplash injury claims are the primary reason that auto insurance premiums have increased in the UK, according to a report presented by the House of Commons Transport Committee. The committee said that rising insurance costs are injurious to everyone. Louise Ellman, the committee’s chairman, said the trouble with whiplash injuries is that it…Continue Reading