Your home insurance should keep you safe in a disaster or theft. Follow these tips to build a package protecting against both damage and theft. Use the information below to ensure you are getting the best policy for your money.

Renters insurance is important for anyone renting. In the event of a fire, for example, you own belongings would not be covered under insurance your landlord carries. You need a policy of your own for your things in case there’s a burglary, fire, or flood.

Do not forget to mention security systems when requesting quotes for your home owner’s insurance. Having a central security system that reports remotely to an off-site security service in case of burglary or fire can lower your monthly premiums by as much as five percent a month.

Inventory your home to ensure your claims go through when necessary. People that have had a tragedy in their home will let you know how difficult it becomes to recall everything that was lost. Take pictures of the contents of your home (remember cabinets and closets) for the most accurate record.

Some of the things about your home are going to impact your insurance premium, regardless of how well your home is maintained. The cost of insuring a home with a pool will be high, due to liability. Even the home’s proximity to emergency services, such as fire stations and hydrants can affect your coverage costs. You can research factors that contribute to higher or lower homeowner’s insurance costs, whether you’re looking for a new home or simply looking for the best policy at the best rate that you can get.

There are simple ways to reduce your homeowner’s insurance premiums. If you’re considering home construction, such as adding onto it, using certain materials, like wood, could raise your premiums.

Flood Insurance

If you live in an area that has been found to be at a higher risk for floods, flood insurance is a must. However, it is a good idea for everyone to have flood insurance. Up to a quarter of the flooding disaster claims made are from homes that are not in high-risk areas. Low-risk flood areas can also actually give you a discount.

If you want to try to lower your homeowner’s insurance rates, put in some sort of security system in your home. This will not only give you peace of mind, it will also save you money on your insurance premiums. Your premiums are lower for homeowner’s insurance when you have a security system because insurance companies prefer that your home has features that protect it from loss. A proper security system can save you money year after year on your homeowner’s insurance policy premium expense.

Every homeowner needs to have a homeowner’s insurance policy. Do not let the above article make you realize that. You own your home, and therefore you are vulnerable to harm.