If you’re a first-time homebuyer, you’re probably just about overwhelmed with the seemingly never-ending list of tasks you have to accomplish. Buying a house is not for the faint of heart. One of the looming tasks on that list might be getting Atlanta home insurance. You might be dreading the price tag on that insurance, which is understandable. However, there are a few discounts you as a first-time homebuyer should know about. And discounts means you get to save money!
Home insurance discounts to know about if you’re a first-time homebuyer.
1. New home purchase discount.
Now, if you’re a first-time homebuyer, we’re operating under the assumption that you’re, well, buying a home…and that could work in your favor. The reason we say that is a lot of insurance carriers offer a discount to customers who have recently purchased a house. So, when you’re looking for home insurance, be sure to bring that up. You could set yourself up to save some money on your premium, which is always appreciated. Don’t underestimate the power of a good discount.
2. Bundling.
So, if you’ve got a car, you’ve got car insurance, right? And you’re buying a home. Believe it or not, that could work in your favor where your overall insurance situation is concerned. Why, you may ask? Well, once again you could end up seeing lower insurance rates because you could get a multi-line discount. So, if you have to get both car insurance and home insurance, you might want to consider bundling these coverages and investigate whether this is the best option for you. It’s definitely something to think about.
3. Having a security system.
If you’re going to get a burglar alarm, that’s another great way to score some savings on your insurance. Lots of insurance carriers offer a discount if you have a qualifying security or safety system. So, if you’re looking to get some peace of mind by protecting your new house with a burglar alarm, you could also get a pleasant surprise in the form of a home insurance discount. (Security systems are deterrents to burglary, plus they summon the police ASAP if there’s trouble, so home insurance companies are fans.)
4. Paying in full.
Okay, the sticker shock might be unpleasant, but you might end up paying less for your home insurance if you pay for it in full. It’s something to consider if you feel like you’d be comfortable doing that, so you might want to weigh the options.
Pro tip: Remember that these aren’t the only discounts you could qualify for! There are plenty of ways to save on home insurance.
Buying a home can be stressful and you might dread having to deal with getting home insurance as a first-time homebuyer. However, there are discounts to help you get better rates. If you want to explore your Atlanta home insurance options, we can help. Our agents can help you get quotes, and they can help you find out what discounts you might be eligible for. You can get in touch with our team by filling out our online form, giving us a call, or messaging us on LiveChat.