Making these security improvements can help you save on homeowners insurance.
As a homeowner, the last thing that you want to do is overpay for home insurance. This is why you should do everything in your power to keep your premiums as low as possible. One way that you can save on your insurance is by making your property safer. Here are some of the home security upgrades that you should make to lower your homeowners insurance rates.
- Home Security System
Studies show that security systems reduce the risk of homes being burglarized by more than half. When you have a security system installed at your home, you are not only protecting your belongings from being stolen; you are also protecting your home from any damage that burglars might cause during the break-in. Additionally, many home security systems now come with safety features such as surveillance cameras and automatic fire and carbon monoxide alerts. The most features your home security system has, the higher your home insurance discount may be.
- Smoke Detectors
Over 90% of homes across the U.S. already have smoke detectors installed—and for good reason. Smoke detectors remain an essential safety feature that warns occupants within a home that a fire has broken out. Because smoke detectors are required by law in many places throughout the country, simply having one if your home will not necessarily unlock insurance savings. However, if you go the extra mile, then your home insurance provider may take notice. By installing smoke detectors on every floor and in every room of your home, you can increase the effectiveness of your home’s fire warning system. Additionally, regularly inspecting your alarms to ensure they are working properly is also a great way to show your insurance provider that you value safety. Finally, you can also score points with your insurance provider by connecting all your alarms, so they all go off when one detector is activated.
- Fire Sprinkler
Fire sprinklers are a great option for homeowners who want to protect against their fire risks. These systems respond to fires inside the home and quickly release water or other flame retardants to contain the damage caused by heat, smoke, and flames. Having a water safety system can save your home from total ruin, especially if your local fire station is slow to respond or is located far away. Oftentimes, home insurance providers will issue discounts to homeowners who install these safety systems.
These are some of the home safety upgrades that you should make to save on your homeowners insurance. Do you have additional questions about your home insurance coverage? If so, then contact the experts at Weeks & Associates Insurance Services in Thousand Oaks, California. Our dedicated team is eager to assist you with all your coverage needs today.