Making these home updates can help you save on your insurance.
Just because you have homeowners insurance doesn’t mean that you need to pay an arm and a leg for it. While there are many ways that homeowners can lower their insurance rates, one money-saving method is making home upgrades that increase your safety and security. But which upgrades can help you lower your home insurance rates? Here are some of your options.
- Fire Sprinkler Systems
Fire sprinkler systems are great options for homeowners who want to protect against their fire risks. These systems respond to fires inside the home and quickly release water or other flame retardants to contain the damage caused by heat, smoke, and flames. Having a sprinkler system can save your home for total ruin, especially if your local fire station is slow to respond or is located far away. Oftentimes, home insurance providers will issue discounts to homeowners who install these systems in their homes.
Having deadbolts installed on all your home’s points of entry is a great way to slow down even the savviest of home invaders. This is why many home insurers offer discounts to homeowners who install deadbolts. However, the types of deadbolts that you choose does matter. When selecting deadbolts for your home, look for options that are labeled Grade 1 or Grade 2. Avoid Grade 3 deadbolts as they are the weakest. When installing deadbolts, make sure they extend at least an inch into the door jam and have a reinforced strike plate with three-inch-long screws. These factors will make it much harder for an intruder to kick in your doors and ransack your home.
- Storm Shutters
Storm shutters are protective coverings installed over a home’s windows to protect them from high winds and flying debris during a storm. If you live in a part of the country that suffers from extreme storms, hurricanes, or tornadoes, then you should install storm shutters over all of your exterior-facing windows. Because these shutters will lower your home’s chance of sustaining damage during a storm event, your home insurer may offer you a home safety discount.
These are some of the home upgrades that can help you save on your homeowners’ insurance. Do you have additional questions about your home coverage? If so, then contact the experts at James Page Insurance. We are ready to assist you with all your homeowners’ insurance needs today.