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What are the “things” that reduce Hazard Insurance cost?

April 26, 2017COST hazard Insurance reduce

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What are the “things” that reduce Hazard Insurance cost?

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ALARMS: monitored alarms (monitored by a paid alarm company). STORM SHUTTERS: approved storm shutters result in significant savings to an insured as mandated by state law. GATED COMMUNITY: if the home is located in a gated community. FIRE/BURGULARY PROTECTION: the most cost effective insurance is for homes located within 1,000 feet of a fire hydrant and 5 miles from a fire station. MULTI-POLICY: a discount applies in most cases when the same insurance company insures both your home and autos. However, many insurance companies offer a Hazard discount off of your auto insurance just for being a homeowner. RETIREE: retired individuals over 55 years or age are eligible for up to 15% off of their Hazards insurance with many companies. GOOD CREDIT: several insurance companies offer discounts up to 20% for eligible individuals.