You don't need to do difficult things in most cases in order to lower your Missouri homeowner's insurance rates. You may be shocked to discover that all that's keeping you from far more affordable Missouri homeowner's insurance rates are minor things you can easily deal with. Let's look at some of them in this article...
1. Motion-sensitive lighting reduces your home's risk of burglary and, therefore, makes it easier for you to get lower home insurance Missouri home owner insurance rates. Burglars will keep off from places where their activities will be easily spotted. And motion-sensitive lighting does just that. Because thieves keep off from homes with such lighting, you reduce your home's risk of burglary and, by extension, your premiums.
2. Try to NOT leave your ladders within everybody's reach. You might be helping burglars with the very equipment they need for their operation. Do not also abandon your tools, machinery or such on the lawn or anywhere in the open as they could lead to accidental injury and increase your liability claims. Like ladders, tools and such could help a thief in breaking into your house. All such things will ultimately increase rate if you do not keep them in the right place.
3. It's more expensive and needless to insure the land on which your house is standing. Some people spend much more than they should on home insurance due to this mistake. They just insure their home for its complete value without subtracting the land's cost.
If you made such a mistake, you need to re-evaluate your home insurance coverage and go through it again with your agent. Reduce your coverage to the cost of your home and its contents minus the land's cost.
Your premium will be less and you'll still have sufficient coverage if you do this right. Don't ever forget that insuring the land your home is standing on is real waste of money because it does give you any added advantage.
4. You will pay lower premiums if you elect to pay your premiums anually and not every month. Your insurer is compelled to send you 12 notices for monthly payments as against one for yearly payments. This costs them more.
The cost increases if you include the fact that they pay transaction fees for processing each check you give them monthly as payment. 12 checks mean Twelve transactions and will attract Twelve separate fees.. And, believe it or not, these extra costs are eventually built into your rates.
Therefore choose annual payments instead if you want to make savings this way. What you'll save could be as much as 8.5% of your total monthly payments over the course of just one year.
5. Set up your account to pay your premiums automatically and you will get lower premiums for that. All you have to do is to tell your bank or credit card company to send your premiums at at a particular time automatically until told to stop. In addition to saving you in premiums you will also save yourself a lot of time and hassles.
6. You'll save much if you will shop around and do thorough comparison. The the difference in quotes returned per query could be as wide as $1,000 for a given person. Although this is a good thing, it's advisable that you don't get carried away. It's not normally that easy if you're after the best price/value.
The cheapest price may not give you the best price/value. Notwithstanding that each of the quotes presented will definitely give you the same basic coverage, there could be a lot of differences in the details of coverage. This makes it crucial that you find out if there aren't any exclusions you won't like.
Remember to treat these no-obligation quotes as their name implies. Don't feel obliged to pay unless you've got all your questions answered to your satisfaction. You will prevent rude surprises later if you do this.
Here are my favorite quotes sites (highly recommended)...
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