Make These Home Upgrades to Save on Your Insurance

Did you know that making these changes to your home could reduce your insurance costs?Make These Home Upgrades to Save on Your Insurance

No one what to pay more for their homeowners insurance than they have to.  This is why many homeowners look for ways to lower their premiums.  While you could always cut down on your costs by raising your deductibles, bundling your policies, and so on, did you know that making certain upgrades to your home can also lower your rates?  Here are some of the home improvements that can reduce your homeowners insurance costs.

  • Updated Electrical System

If your home is on the older side, or if your home’s electrical system has not been updated for more than 40 years, then it’s time to upgrade your system.  Outdated electrical systems pose a major fire risk for your home, and this risk translates into higher insurance costs.  By having your home’s electrical system professionally updated, you can reduce your fire risk and lower your insurance costs.

  • Updated Plumbing System

Just like your electrical system, upgrading your home’s plumbing system can also help you save on your insurance.  Because an old plumbing system increases your home’s risk for flooding, having your system professionally serviced will reduce the chance of a flood.  Reduced risk will translate into lower insurance costs.

  • Monitored Smoke Detectors

While all homes are required to have smoke detectors installed, some are better than others.  Monitored smoke detectors automatically alert first-responders in the event of a fire emergency, increasing the odds of saving your home and minimizing fire damage.  Some insurance companies will offer you discounts for installing these types of smoke detectors because they recognize them as an effective loss management tool.

These are some of the home improvements that you can make to lower your insurance costs.  Do you have additional questions regarding your homeowners insurance coverage?  If so, then contact the experts at Desert Empire Insurance.  We are ready to assist you with all your insurance needs today.