Save Money with Discounts

A great way to save money on online home insurance is to take advantage of discounts. Here are some common discounts for which you might qualify.

1. Multiple policy discount. You can save substantially with most insurers by taking out multiple policies with the same company. For example, you might take out an auto insurance policy with the same insurer that issues your online home insurance policy. Typically, the more policies you have with one insurer, the more you will save.


2. Protective devices. You can save on online home insurance if your home has protective devices installed, such as alarms, fire extinguishers, deadbolts on all outside doors, burglar alarms, fire alarms, etc. These devices usually reduce your premiums considerably and require only a small investment.


3. Fire resistive. If your home is fire resistive or is made of fireproof material such as brick and masonry, you can qualify for this discount on your online home insurance.


4. New or renovated home. This online home insurance discount applies to homes that are less than ten years old or have been completely renovated by a licensed contractor within the last ten years.


5. Claim free. Most insurers are willing to offer online home insurance discounts for policyholders that are claim-free for a certain number of years. For example, an insurer might offer you a discount on the most recent consecutive number of years you have been claim-free with the company.


6. Mobile home discounts. If you live in a mobile home, you can qualify for online home insurance discounts by tying down (bolting or anchoring) your home to the ground. You can also qualify for a discount if you purchased your mobile home new within the last five years.

For more information, be sure to read the frequently asked questions and answers.