Your home is an investment, and to safeguard it for years to come, you need the best home insurance at the best available price. You can reduce premium costs by taking advantage of these 16 discounts that, when combined, can significantly reduce your out-of-pocket expenses.
1. Auto Pay (EFT)
Auto Pay is a convenient option in which annual premiums are paid automatically on their due dates using your default credit card or bank account. Auto Pay allows you to avoid late fees and frees you from remembering when to pay. Even better, you can get a discount just for signing up.
2. Multi-Policy
Also known as bundling, a multi-policy discount kicks in when you purchase home insurance and other lines of coverage from Sarrica Insurance Group.
3. Paid-In-Full
If you choose to pay in one full payment, you can receive a discount on the total cost of your initial insurance premium or renewal.
4. Paperless
If you choose to have documents emailed instead of snail-mailed, you can enjoy a paperless discount on your home insurance.
5. Burglar Alarm
A security system reduces the chance of burglary. If your home has a security system, we are happy to give a discount.
6. Fire Alarm or Sprinkler System
The fire alarm or sprinkler system discount applies to homes with installed and active safety devices such as fire extinguishers, smoke alarms, fire alarms, or a sprinkler system.
7. Deadbolt Locks
Installed deadbolt locks on your home’s exterior doors will get you another discount on your homeowners premiums.
8. Sump Pump
A sump pump removes excess water from your home and keeps it dry to prevent flooding. If you have a basement and a sump pump, let us know, so we can help you save.
9. Non-Smoker
Maintaining a smoke-free household means there’s less risk of fire or smoke damage from an accident. If no one in your home smokes, you may qualify for the non-smoker discount.
10. New Roof
A new roof is less susceptible to damage from severe weather. Our new roof discount will lower your premiums if you’ve recently replaced your home’s roof.
11. New Home Discount
Depending on when your home was built, you may be entitled to a new home discount. In general, the newer the house, the cheaper your homeowners insurance.
12. Window Shutter or Windstorm Protective Devices
The window shutter discount provides savings for homeowners who install storm shutters or other windstorm protective devices on their home’s exterior.
13. Water Detection Devices
A water leak detection device alerts you to unwanted water leaks in your home. Once installed, let us know, and we’ll add the discount to your policy.
14. Temperature Sensor
If your area is prone to freezing in the winter months, a temperature sensor will alert you to plummeting temperatures–and get you a discount.
15. Backup Generator
An automatic standby generator keeps the power on when your home’s primary power source goes out. Our backup generator discount encourages homeowners to install and maintain a backup generator.
If it has been a while since you last reviewed your policy for discounts, give us a call. We’re happy to look over your portfolio to ensure it’s up-to-date and that you have the best coverage at the best available price.