save on home insurance

Posted by Marty Snyder

Top 3 Ways West Chester Homes Could Save on Insurance 

For most area homeowners, the 110-decibel wail of nearby fire engines may not be a sought-after feature when selecting the ideal neighborhood. Nonetheless, according to The Wall Street Journal, living close to firehouse has its advantages; safety. Reductions in your homeowner’s insurance bill, another. Selling your West Chester home?

west chester save on home insurance
Not all homes in West Chester can have the advantage of being next door to a firehouse, but just about everybody knows that having the proper insurance is important to protect not only the structure itself but also the valuables within. Here are three possible actions you could take this month, any or all of which might reduce the cost of your homeowner’s insurance premium:

1 - Shop Around – We are much more likely to spend our time “liking” dancing cat photos on social media annually than in planning advanced insurance plan strategies. Nonetheless, a visit to the website of the National Association of Insurance Commissioners can help identify important nuances when selecting a vendor. Example: review complaints.

2 - Reduce Coverages - Most people insure their homes for the full amount they paid at the time of purchase. If you bought your home in West Chester for $450k, you automatically insured it for that amount. But in the event of a loss event like a fire, you don’t necessarily need the full purchase price to rebuild the property—remember, that purchase price included the cost of the land. This idea should be weighed realistically against today’s costs. Take care not to go light on the replacement cost of your belongings (many folks do). A new inventory can help in that department.

Homes for sale in West Chester, OH

3 - Just Ask! - While discounts vary with each insurer, the following details might qualify your home in West Chester for a discount if you just go ahead and inquire:

  • Multi-policies with the same company.
  • Length of time with the same company.
  • A smoke detector or sprinkler system.
  • An alarm system, deadbolt locks, or other security measures.
  • You have not made a claim in recent history.
  • Your household doesn’t include smokers.
  • You qualify for a senior discount.
  • Your credit score has improved.

While not all of us are willing to move next door to a firehouse to save on home insurance, there are multiple ways to whittle down policy premiums. I’m here as a resource for your West Chester property-related questions anytime: just give me a call!

realtor ohio, marty snyder, cincinnati real estate agentMarty Snyder

A Top Ohio Realtor 513 292 9374


1 Response to "save on home insurance"

Greg Hancock wrote: Good morning Marty, great post. I come across a lot of people, usually current or past clients, that find what they're paying for home insurance is upsetting. Surprisingly, a lot of clients we've helped with homes for sale in Monroe, OH particularly didn't realize they could be getting more coverage for less. Sharing this on Facebook!

Posted on Wednesday, August 2nd, 2017 at 9:53am.

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