New Home Insurance Plan is Saving Homeowners Thousands This August

Honest Quote is revolutionizing the way homeowners protect their most valuable asset with its affordable and hassle-free approach to home insurance. Say goodbye to time-consuming paperwork and overpaying hundreds of dollars a year.

All you need to do is answer a few simple questions online, and you can get comprehensive coverage approval in no time.

How can I lower my home insurance premium?

There are several ways to lower your home insurance premium: shop around and compare quotes, bundle your insurance policies (e.g., home and auto), increase your deductible, make home improvements that reduce risk, and ask your insurer about any available discounts. Reviewing your coverage annually also helps ensure you're only paying for what you need.

Does installing a security system reduce my premium?

Yes, many insurance companies offer discounts to homeowners who install security systems. A security system can deter burglaries and potential damages, reducing the risk for the insurer. Make sure to inform your insurance provider of any security enhancements, and ask how much of a discount is available based on the specific system you've installed.

Will increasing my deductible significantly reduce my insurance costs?

Raising your deductible typically results in a lower premium. The deductible is the amount you pay out of pocket before the insurance kicks in. By agreeing to cover a higher initial cost in the event of a claim, you demonstrate a willingness to assume more risk, which can lead to reduced insurance costs. However, always ensure the deductible is an amount you can comfortably afford.

How do bundled insurance packages work, and do they always save money?

Bundling insurance policies means buying two or more types of insurance (like home and auto) from the same provider. Insurers often offer discounts for bundled packages as an incentive to consolidate your policies. While bundling often results in savings, it's crucial to compare the bundled rate to individual rates from other providers to ensure you're getting the best overall deal.

How often should I review or update my home insurance policy?

It's a good practice to review your home insurance policy annually or whenever significant changes occur in your life or home. This includes events like home renovations, the purchase of valuable items, or changes in the local environment (like increased flood risks). Regular reviews ensure your coverage matches your current needs and can also provide opportunities to spot potential savings.