Between etolls and inflation, we’re all looking for ways to save a little extra every month. Sometimes that means cutting back on how often you eat out, buying a cheaper shampoo, or waiting for that latest blockbuster to come out on DVD instead of seeing it on the big screen.
Sometimes, though, it can mean upgrading your home a little now to save a lot more in the long term.
Your home contents insurance policy is not somethingthat you should ever consider cancelling. Rather consider some of the things you can do to reduce how much you are paying for your home contents insurance each month, and increase your home’s safety while you’re at it.
- Choose a safer suburb
Now, for those of you who are living in your family home of three generations, this obviously isn’t an option. However, if you are a renter or are looking to move home sometime soon, it’s worthwhile comparing the crime stats of various areas to find one that meets your needs in terms of convenience and price, but also has a relatively low crime rate. The area in which you live and it’s crime stats are taken into account when calculating your monthly home contents insurance premium.
- Get an alarm
If you’re pretty cosy where you are and don’t really want to move, having an alarm installed (one that is also linked to an armed-response company), is one of the best ways to improve the security of your home. Sure, there is the cost of the alarm to consider, but you’re doing more than just upgrading your house. Having an alarm will decrease your monthly insurance premium and your family will be better protected.
- Get an electric fence
And make sure that your fence is also linked to an alarm and a security company. This is another upfront expense that will buy you a lot of peace of mind in the long term, especially if you have or are planning to have children. A lot of people don’t like electric fences because they feel it ruins the look of their home and makes it look like a prison, but you can also have motion-detector beams installed for outside (and inside) you home. Both of these crime-combating techniques will reduce your monthly premium, and that will give you something prettier to look at every month.
- Get security gates and burglar bars
Security gates and burglar bars are probably one of the most affordable ways to upgrade the security of your home. Be sure to use an accredited company to install your bars because the crooks are more determined and resourceful than you might think. Since this is a once-off expense, you may as well make sure it’s done right so that you can sleep peacefully at night.
- Don’t reduce the amount you are covered for
It may be tempting to just insure all the goodies inside your house for less, but remember that you could end up underinsured, which would hit you hard come claim time. Remember it is always better to be over- than underinsured. Make use of our handy inventory form to make sure that you have everything covered.
Source: KingPrice Insurance