Home Insurance Discounts In Charlotte
Home insurance rates are high in Charlotte, however, there are a number of discounts available for homeowners that they should take advantage of. Below are some discounts that you can discuss with your insurance agent. They are definitely worth keeping in mind as they could potentially save you a lot of money in the long run!
Your home may have features that can save you some money, including:
New or renovated home discount. Homes that are either newly built or recently renovated are often eligible for discounts due to more modern systems such as plumbing and wiring, reducing the risk of any failures.
Disaster preparedness discount. If you live in an area such as Charlotte which is prone to hurricanes and tropical storms, your insurer could potentially offer you a discount if you take the steps to prevent any damage caused by severe weather. This includes implementing storm shutters, reinforcing a door, and installing shatterproof glass. These are all ways to reduce damage caused by high winds.
Safety and security discounts. This tends to apply to devices such as smoke detectors, fire extinguishers, fire alarms, burglar alarms, sprinklers, water shut-off devices, and implementing deadbolts on exterior doors.
Proximity to a fire hydrant or fire department. Your provider may offer a discount if you live in close range to fire-damage control resources.
Roof age discount. Roof repair expenses are substantial loss-leaders for providers. Companies such as USAA offer discounts based on the age of your roof.
Military discounts. If you are an active military member, a veteran, or family of a military member, you could be eligible for a discount.
Employment, organization, and association discounts. Your provider may offer a discount if you work within a specific industry, such as educators. You may also be eligible if you are a union, organization, or professional association member.
Seniors or retirees. Some home insurance providers offer a price break if you’re retired or are a senior who is working part-time. Usually, the house must be your main residence, you must be over the age of 55, and work outside of your home less than 24 hours a week.
Bundling discount. You receive a discount for having multiple policies with the same provider.
You can also save a bit of money on your home insurance by increasing your deductible and keeping a good credit score.