3 Easy Ways to Reduce Home Insurance Premiums

May 16, 2022 by Anas Mustafa

It appears like everything costs more these days! Grocery prices have been steadily rising, the price of gas has shot up, and it seems to take a small fortune just to be able to afford a house. Thus, everyone is trying to save money whenever they can.

One way you can save money is to reduce your home insurance premiums. Reducing your home insurance premiums doesn’t mean you’re reducing your coverage; it just means you’re finding ways to save on your home insurance while still ensuring you are protected.

At Canadian Security Professionals, we’ve got great ideas to lower your home insurance premiums easily. Here are our top three suggestions:

• Install a home alarm system.
• Shop around with different insurance companies.
• Increase your home insurance deductible.

At Canadian Security Professionals, we can provide a variety of measures to protect your home, including installing home alarm and security systems.

Install a Home Alarm System

Home alarm systems are no longer extensive and complicated luxuries that only the extremely wealthy can afford. Nowadays, there are many different options when it comes to home alarm systems to suit every type of need and budget.

Having a home alarm system installed offers several different benefits, such as:

• It can help you save on your home insurance.
• It will help discourage burglars. Someone looking to break into a house is far more likely to pick an unprotected house than risk dealing with a home alarm system.
• You can use it to check remotely on your house, whether you’re expecting a package or want to see what time your kids get home from school.

Shop Around With Different Insurance Companies

Another way you can save on your home insurance is to shop around with different insurance companies. If you’ve stayed with the same insurance company year after year, you may have seen your premiums increase even if you haven’t made any claims.

There are lots of ways you can lower your home insurance premiums, including the following:

1. Contact your current insurance company and see if they’re willing to negotiate your home insurance premiums. You may have to tell them you’ll take your business elsewhere if they aren’t willing to work with you.
2. Contact an insurance broker. An insurance broker will call their insurance company partners and get you a variety of home insurance quotes.
3. Use an online insurance comparison website. This way, you can get many quotes quickly. However, be sure to read the fine print so you don’t get any surprises if you select to buy a home insurance policy with this method.

Always check about discounts that you may be eligible for when shopping around for home insurance! You can also ask about bundling more than one kind of insurance together; for example, home insurance and auto insurance.

Increase Your Home Insurance Deductible

Another way you can reduce your home insurance premium costs is to raise your deductible. Your deductible is the amount you have to pay on an insurance claim before your insurance company starts to pay.

For example, you put in a claim for $5,000, and your deductible is $500. Therefore, you have to pay $500 of your claim, and your insurance company will pay the rest (a total of $4,500).

If you are willing to increase your home insurance deductible—for example, from $500 to $1000—your insurance company may be willing to decrease your premiums.

How can Canadian Security Professionals help me with a home alarm system?

If you’re looking for a home alarm system, then you’ve come to the right place. At Canadian Security Professionals, we’ll help you get the perfect home alarm system to suit your needs.

We offer four different types of home alarm system packages:

1. The Secure home alarm system package. With this package, you get our all-in-one touchscreen security system keypad with a cellular connection, 24/7 monitoring, wireless door and motion sensors, and a backup battery.
2. The Smart Secure home alarm system package. This package includes everything our Secure home alarm system package has, and includes online access to your security system, smartphone, text, or email notifications, and the ability to arm and disarm your home alarm system remotely.
3. The Smart Secure + Automation home alarm system package. This home alarm system package includes everything the Smart Secure package has, plus automation options, including smart door locks, a smart thermostat, and a smart doorbell.
4. The Smart Secure + Video home alarm system package. This package comes with everything the Smart Secure package has, but also includes Wi-Fi camera options, including smart indoor and outdoor cameras and a smart doorbell camera.

Not sure which home alarm system is best for you? We’ll be happy to answer any questions you may have about the different home alarm systems we offer, including everything from what monitoring costs to how we’ll go about setting up your system.

Having the right home alarm system gives you peace of mind that your home is protected, even when you’re not there.

Contact Us to Learn More About Home Alarm Systems

At Canadian Security Professionals, we offer several different home alarm systems. We’ll explain how each one works, and talk to you about the best home alarm system for you. Reach out to us today to learn more about our home alarm systems. You can call us at 1-877-494-9911 or contact us online.