Just because you are renting a home does not mean you should neglect protecting the home and your belongings. Having renters insurance will give you the peace of mind to enjoy living comfortably, and there are many ways to reduce your monthly premiums to make it more affordable.
Choose a Safe Neighborhood
If you live in an area where crime rates are high, you might end up paying more on your monthly premiums because the chances of your home getting broken into is statistically higher. However, an easy solution to this problem is to look for rental properties in safe neighborhoods.
Refrain from Smoking
There is an increased chance of experiencing a house fire if you smoke inside your home. Instead of smoking inside, make the commitment to smoke outside—or better yet, quit the habit—and you can save on renters insurance premiums.
Select a Higher Deductible
A low deductible seems nice because it allows you to file a claim without paying a lot of money out-of-pocket, but this also leads to higher premiums. Alternatively, a higher deductible reduces how much an insurance provider must pay to resolve a problem from an insurance claim, which leads to lower premiums.
Install Deadbolt Locks
A simple, easy and inexpensive addition that can save you money on renters insurance is a deadbolt lock. Installing them on your exterior doors or moving into a rental home with them already installed helps provide you with a greater level of home security and lower your insurance costs.
Install a Security System
Some property owners want their property to be as protected as possible, so they invest in a home security system, which then provides their tenants with enhanced home protection. Security systems that have a direct connection to fire departments or the police can help you get a discount on your policy.
Saving money on renters insurance is not that difficult; it just requires some knowledge that allows you to make the right decisions when finding and living in a rental home and purchasing a policy.
Get a quote today. Call Texas Insurance Agency at (713) 675-2626 for more information on Houston renters insurance.