IT IS SURPRISING that with the many valuable items we have in our homes, many of us do not have a contents insurance plan in place. Contents insurance covers the cost of replacing or repairing household and personal items.
Depending on the insurance provider you go with, these items can include curtains, furniture, appliances, jewellery and more.
When many people learn what contents insurance is, their immediate thought is that it is expensive. It can be, but there are a few safety features you can add to the house to lower the cost of your contents insurance.
Enhance Your Home’s Security
One of the best ways to lower the cost of your contents insurance is to make your home safe. The first thing to do is install a burglar alarm. A burglar alarm deters theft which reduces the number of times you make insurance claims. The next to do is to add secure locks.
Check all your doors and windows to ensure they have proper locks and that they close properly. Ideally, you should go with a deadlock. Most locks can be picked if the burglar is experienced enough and if they have enough time. Deadbolts cannot be picked and burglars would rather walk away than risk getting caught breaking a door down.
Finally, you should consider installing a safe. Because you might be insuring expensive items, your insurance provider might reward you with lower premiums if they see you are actively trying to protect the insured items.
Enhance Your Home’s Safety
Here, you should start by fireproofing your home. Add smoke detectors and alarms throughout the home. Smoke detectors are your first line of defence as they can alert you to the presence of a fire before you even know there is one. Without them, you could lose all your property. Smoke detectors can give you enough time to put out small fires before they become unmanageable. Besides being a safety tip, it is a good way to offset insurance costs.
In addition to the smoke detectors and alarms, you should also consider adding a sprinkler system. A sprinkler system can put out small fires or help contain fires in one area until the fire department arrives.
Update Your Home
Insurance companies love homes that have updated electrical, plumbing and heating systems. Updated systems are less likely to cause a fire or water damage and will, therefore, help protect the house from costly damages.
Talk to Your Contents Insurance Provider
Every homeowner should do everything they can to help lower their contents insurance cost. In this regard, it would be wise to talk to your insurance provider to see what changes or improvements you can make to get a better premium. If you think you are not getting the best deal, it is always a good idea to shop around for a new insurance provider.
When doing this, you can use Quotezone to compare contents insurance providers. You can use their website to compare up to 50 different providers and get a quote in a few simple steps. If you do not know what criteria to use when comparing these insurance providers, take a look at what this insurance covers to have a better idea of what areas to focus on.
Making a few changes to your home will help lower your contents insurance costs. Some of these changes have added advantages like making your home safer for your family.