How to Decrease your Home Insurance Costs by Increasing your Home’s Safety in Colorado

Homeowner’s insurance is a must-have on your Centennial home so you and your bank have the security of knowing it can be repaired or rebuilt if a disaster strikes. Although much of the cost of your coverage is based on factors you can’t control, like the cost of rebuilding your home in today’s economy, there are still several things you can do to decrease your costs. They include boosting your credit score, getting quotes from multiple companies from an independent agent, and adding safety features to your home to decrease the likelihood of needing to make a claim. Here are some of the best safety features to consider adding.

1. Install a smoke detector in every room of your home, plus a carbon monoxide detector on each floor. Insurance companies ask whether you have these, and if you do, you’ll qualify for discounts because you are more likely to respond to a fire before it gets out of control.

2. Purchase at least one fire extinguisher for each floor of your home. You should store one near the kitchen, one near the laundry room, and one near your garage or workshop area. You’ll get additional discounts on your home insurance in Centennial, Colorado if you have these.

3. Install dead bolts on all exterior doors. These make it more difficult to break into your home, and they’re one of the less expensive types of safety features you can add. Then make sure to tell your independent agent you have them so you can get better quotes on your home insurance.

4. Install a monitored security alarm system in your home. This is the best way to protect against burglaries, and you’ll get a sizeable discount on your homeowner’s insurance policy if you have an alarm system.