3 Ways to Spend Less on Home Insurance in Tulsa OK
Posted by alex , on Sep, 2014
A good homeowner’s insurance policy is important if you want to protect yourself financially in the event of a break-in, house fire or natural disaster. Unfortunately, depending on the size of your home and your assets, sufficient coverage can be costly. Luckily, the cost of your Home Insurance in Tulsa OK isn’t set in stone–you can reduce your premium over time. Here are some of the most effective ways to lower the cost of your home insurance.
Improve Your Credit Score
Your credit score can have a big impact on how much you’ll pay for home insurance. Homeowners who have excellent credit ratings often pay far less than homeowners with fair or poor credit. The good news: Those with less-than-perfect credit can enjoy reduced insurance rates relatively quickly if they improve their credit scores. If your credit is lacking, spend 6 months paying off any delinquent credit accounts and paying all bills on time. In severe cases, talk to a credit counselor about the best way to fix your report. Then, talk to your insurer and see if your improved score can get you better rates.
Upgrade Your Roof
High winds, hail storms and tornadoes are a major concern in Oklahoma, so a strong roof is a must-have if you want lower insurance quotes. Homeowners with weather and wind-resistant roofing can often pay up to 25-40% less on their Home Insurance in Tulsa OK than homeowners without sturdy roofing. What kind of roofing qualifies for discounted rates? Look for Class 4 rated roofing materials like metal, slate and modified asphalt. If you opt for asphalt shingles, use 6 nails per shingle instead of the standard 4–this little trick can often get you an insurance discount as well.
Get Fire Safe
Fires are a huge concern to insurance companies, so make sure your home is as fire safe as possible if you’re looking for the lowest rates. Investing in fireproof siding is one way to save big; look for Class A materials like brick and stone masonry or fiber cement shingles. Making small, inexpensive improvements inside the home can reduce your rate as well. Purchase a fire extinguisher, install a carbon monoxide detector on each level of your home and upgrade your smoke detectors to models that automatically alert the fire department.
It’s entirely possible to have good home insurance coverage without straining your wallet. For even more ways to save, check out this website.