Tips for Texas Home Owners to Save on their Home Insurance.

My last week's blog post was about some factors that contributed to the increase in homeowner's insurance rates. These included:

• Rising construction costs
• More frequent and severe weather events
• Increased risk of theft and vandalism
• Changes in underwriting standards

Here are a few things you can do to help offset the increase, such as:

• Get multiple quotes: Don't just stick with your current insurance company. Get quotes from several different companies to see who offers the best rate.
• Consider a high deductible: A higher deductible will lower your premiums, but you'll have to pay more out of pocket if you have a claim. Most companies will allow up to a 5% deductible.
• Bundle your home and auto insurance: Many insurance companies offer discounts for bundling home and auto insurance.
• Install safety features: Installing safety features, such as a security system or fire sprinklers, can lower your premiums.
• Maintain your home: Keeping your home in good repair can also help lower your premiums.
• Claim your discounts: Many homeowners are eligible for discounts, such as discounts for having a smoke detector or a deadbolt. Make sure you're claiming all the discounts you're eligible for.

By following these tips, you can save money on your home insurance and protect your investment.

Let me know if this was useful. Check back for information about interest rates.