Home Improvements That Can Lower Your Home Insurance Premiums

14 July 2022
 Categories: Insurance, Blog


Every year, homeowners around the country search for ways to reduce their insurance costs. While there are many things you can do to lower your premiums, this post will focus on two specific home improvements that can make a big difference. Keep reading to learn more. 

Add a Home Security System

If you're looking for ways to save on your home insurance premiums, adding a home security system is a great place to start. This simple improvement can deter burglars and protect your home and belongings.

A good security system may include features like home automation, security cameras, and even remote home monitoring. For example, installing high-resolution CCTV (closed-circuit television) cameras around the exterior of your home can be a great way to provide an extra layer of protection. You can also set up motion-activated lights to deter intruders.

Additional home security measures you can take include:

  • Installing strong locks on all doors and windows
  • Adding a fence or gate around your property
  • Keeping valuables out of sight

If you're not sure where to start, talk to your insurance agent about what types of home security systems they recommend to help lower your premiums.

Install Fire Detection Systems

These devices can alert you to potential fire dangers in your home, giving you the chance to take action before it's too late. A massive fire can quickly obliterate your home and belongings, so it's important to do everything you can to prevent one from starting.

Some home insurance providers may require that you have at least one working smoke detector in your home. So, installing additional detectors can help you get a bigger discount on your premium. The same is true for carbon monoxide detectors.

Carbon monoxide is a colorless, odorless gas that can be deadly if it builds up in your home. It often develops if there is a fire in your home, but can also come from other sources like gas-powered appliances. A carbon monoxide detector will sound an alarm if this gas is present, giving you the chance to get to safety and call for help.

Here are a few tips for installing and maintaining your smoke and carbon monoxide detectors:

  • Install detectors on every level of your home, including the basement
  • Test your detectors monthly to ensure they're working properly
  • Replace the batteries in your detectors at least once a year
  • Keep a fire extinguisher on hand in case of an emergency

With these simple precautions, your insurance company will likely view you as a lower risk and offer a discount on your premium.

Contact your home insurance company to learn more.