Every homeowner wants to purchase a safe and secure home for their family. The good news is that insurance companies support this desire and sometimes even offer related discounts. From an insurance company standpoint, insuring a home built with stronger materials or that is equipped with safety mechanisms lowers the risk of insuring your home. In return for the safer investment, some insurance companies will offer insurance reductions of up to 20 percent. This section discusses the pros and cons of adding extra safety features to your home to lower insurance premiums.

If you are in the process of building a new home, perhaps you should consider adding a few structural features that could lower your homeowner’s insurance. Meeting with your builder and selecting more durable roofing materials might decrease your insurance premium. If your home is already constructed, you might consider reinforcing your roof to benefit from a similar discount. In California, several insurance companies offer discounts for homeowners that get their houses retrofitted to better resist earthquakes.

Some homeowners may not have the finances to undertake projects as large as these, but there are other, more affordable ways to reinforce the structure of your house and save on your premium. For example, quite a few insurance companies mark down policies if homeowners add storm shudders or shatter-proof glass to their windows. For more suggestions on adding safety features to the structure of your home, contact an insurance agent.

Another inexpensive way to save on your homeowner’s insurance while improving the safety of your home is to add smoke detectors. These days, most houses under ten years old will already have them installed, but if you are purchasing an older home, investigate the benefits of adding detectors. Select insurance companies also offer price reductions if you install burglar alarms, motion detector lights or deadbolts. You can also save between 15% and 20% on your premium if you integrate a burglar system that contacts the police or fire station. The same discounts are available if you add an intricate sprinkler system to your home, but consider that these additions are costly. It’s recommended that you meet with your agent and discuss discount offers at their company. Your insurance company may not offer all of these benefits and even if they do, you may end up spending more money installing safety equipment than you will save in insurance discounts. Be sure to shop around for home security systems thoroughly and do your homework before applying for these reductions.

For more information on reducing homeowner’s insurance premiums, refer to the next section on cutting costs.

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