Home Insurance Discounts In Wilmington
Although home insurance rates are high in Wilmington, there are plenty of discounts homeowners can take advantage of. Here are some discounts you should ask your insurance agent about. It may save you a lot of money over the course of owning your home.
Your house itself might have features that can save you money, such as:
New or renovated home discount. Newly built or renovated homes are often eligible for discounts because upgraded systems like wiring and plumbing are less likely to fail and result in an insurance claim.
Disaster preparedness discount. If you live in an area like Wilmington that’s prone to severe weather, your insurer may give a discount if you take steps to prevent damage. For example, storm shutters, reinforcing a door, and shatterproof glass can reduce damage from high winds.
Safety and security discounts. This typically applies to devices such as smoke detectors, fire extinguishers, fire alarms, burglar alarms, sprinklers, water shut-off devices, and deadbolts on exterior doors.
Proximity to a fire hydrant or fire department. If you live close to fire-damage control resources, your insurer may offer a discount.
Roof age discount. Roof repair costs are significant loss-leaders for insurers. Some, like USAA, offer discounts based on the age of your roof.
Military discounts. If you are a current military member, a veteran, or the spouse or child of a military member, you may be eligible for a discount.
Employment, organization, and association discounts. Your insurer may offer a discount for certain occupations, such as educators. You might also qualify if you are a union, organization, or professional association member.
Seniors or retirees. Some home insurance companies offer a price break if you’re retired or a senior working part-time. Typically, the house must be your primary residence, you must be over 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 insurer.
You can also save money on your home insurance by raising your deductible and maintaining good credit.