1. Insurance Credits

Many homeowners don’t realize that there are numerous credits available to them which can result in sizeable savings. Credits  related to Fire and Burglar Alarms, Being A Non-Smoker, Loss Free Credit, Security Cameras, New Home Discounts, Combination Discounts (Bundling Home and Auto), Generator ownership, and Freeze Alarms, are potential areas for savings, and your agent should be asking if any of these credits apply to you.

2. Annual Insurance Review

When was the last time you had your agent review your insurance policy with you? If your answer is, “Huh?” or “I don’t know,” this is bad. An annual review helps to ensure your home is valued correctly, and minimizes the risk of you overpaying for coverage you might not need. Additionally, these yearly reviews are times when your and your agent can discuss the size of your deductible to compare the difference between, for example a $1,000 or $2,000 deductible; you will be surprised at how much small adjustments like this might save you.

3. Insurance Carrier

There are a number of factors that determine the price of a premium for home insurance: replacement cost, square footage, location, construction type, etc. It is important  that your agent compare multiple carrier options for you in order to find the company best suited for your home, rather than just take an inpersonal one-size-fits-all approach. Carriers have different advantages  in terms of competitive premiums, such as for homes over $500k, homes under $500k, coastal, inner city, built before 1900 etc. Townsend Energy and Insurance finds the “sweetspot” via comparing the numerous carriers we work with in order to offer our customers the most competitive premium available.


To discuss the above and more in order to determine how you can save money on your homeowner’s insurance, sign up for a Personalized Free, No Commitment Insurance Review.