Have you compared home insurance quotes in the last few years? If you haven't, chances are you're paying too much for your homeowners insurance.
Insurance rates change every year and quotes can vary by hundreds of dollars from one company to another.
So take a little time to run a few quotes and assure yourself you're getting the cheapest rate possible.
Gather Your Data Before you can get an accurate quote for your homeowners insurance you must have accurate information.
What's the replacement cost of your home and its contents? Ideally, you need enough insurance to rebuild your home and replace its contents if you ever need to.
So get some accurate numbers.
To find out the replacement cost of your home, talk to a builder or a realtor to find out the cost per square foot for construction in your area.
To find out the value of your belongings, you'll need to do a home inventory.
This inventory will also be useful if you ever need to make a claim.
Comparison Shop for the Best Rates Once you know how much insurance you need, you're ready to get some quotes.
You need to get quotes from several companies so you can choose the cheapest one.
The easy way to compare quotes is to go to an insurance comparison website.
On such a website you begin by filling out one simple online form.
Then you'll receive rate quotes from multiple A-rated insurance companies.
The best insurance comparison websites also offer a free online chat service and toll-free telephone service so you can get answers to any insurance questions you may have from an insurance expert (see link below).
Check for Discounts As you compare your quotes, check for discounts that may lower your premium even more.
For example, many companies give discounts if you place both your auto and home insurance with them.
Other common discounts include: * Safety discounts for having smoke detectors and fire extinguishers * Security discounts for having deadbolts and burglar alarms * Non-smokers discount * Senior citizens discount