Investing in homeowners insurance is more important than ever in light of the growing number of severe storms that have inflicted property damage on many different parts of the country.
Still, consumers who shop around can often find affordable policies, or even dramatically reduce their costs by taking advantage of whatever discounts their insurance companies offer.
Some examples from a recent ABC News report include a discount for homeowners over the age of 55 that many companies offer. The report adds that people who invest in upgrades to their electrical, plumbing or heating systems may also find themselves eligible for discounts, and that alarm systems can also result in cheaper premiums.
Another tip offered by the article is to cut riders on items like jewelry and silverware if applicable, and to be aware of whether local construction and building material prices have fallen in the area.
Homeowners who take the time to shop around for the right insurance policy can often find good coverage for their budget, despite rising costs in some areas that have experienced major storm damage over the past several years.