Insurance carriers consider many factors about you and your home when determining how to price your insurance.  Some factors like geography and the age of your home can’t be easily changed, but there are many things you can do to your home that will help to bring down the cost of your insurance.

Home Improvements

Insurance carriers look to the state of your home to determine the likelihood of a future claim.  If you’ve made improvements to your home that make it more protected against damage, you may qualify for a reduction in your premiums.  Below is a list of common changes to your home that may help you to lower costs, but you should speak to your agent if you’ve made other improvements you think may improve your premium:

Security Upgrades

• Add a dead-bolt lock, smoke detector, or burglar alarm
• Setup a security system with a direct line to the police, fire department or other monitoring stations
• Install a sprinkler system

Weather Resistant Upgrades

• Replace or reinforce your roof
• Replace or reinforce your windows
• Add storm shutters
• Retrofit your home for earthquake proofing
• Complete other storm-proofing upgrades

Additional Home Upgrades

• Update water heater, heating, plumbing or electrical

If you are considering making any of the above updates, speak with your agent beforehand to understand your carrier’s requirements and the discounts you can expect.