Tips to Lower Your Homeowners Insurance Premium in Broward and Palm Beach Counties

Homeowners insurance is critical for mitigating the financial impact of unexpected property damage, but rising premiums are a concern for many in Broward and Palm Beach Counties. Bruening Insurance Agency, Inc is familiar with these challenges and is committed to helping Florida homeowners find ways to save on coverage without sacrificing essential benefits.

How to Lower Your Homeowners Insurance Costs

Consider the following tips to help you reduce your home insurance premium:

• Review and update your coverage regularly—It is a good idea to review your policy annually to confirm it accurately reflects your home’s current value and your personal situation. Removing outdated or unnecessary coverage and adjusting your limits can help you avoid paying for more insurance than you require.
• Increase your deductible—Opting for a larger deductible can help bring down your premium since you pay more upfront before insurance kicks in. Select a deductible that you could realistically handle during a claim.
• Invest in home safety upgrades—Many insurers offer discounts for homes with certain safety features. Consider installing:
• Wind mitigation features such as hurricane shutters or impact-resistant windows
• Security systems and monitored alarms
• Smoke detectors and fire extinguishers
• Bundle your policies—Combining your homeowners insurance with other policies, such as auto or umbrella insurance, can often result in multi-policy discounts. Our team can help you explore bundling options that suit your needs.
• Maintain a good credit score—Florida insurers may factor in your credit history when calculating your premium. Staying current on bills and handling debt wisely can make you eligible for lower rates.
• Ask about discounts—There are many discounts available for Florida homeowners, including those for being claims-free, for loyalty or for making energy-efficient upgrades. We can help you identify all the discounts for which you may qualify.

Contact a Local Advisor Today

Every home and situation in Broward and Palm Beach Counties is different. Our team at Bruening Insurance Agency, Inc can review your policy and help you find ways to save on home insurance. Contact us today to get started.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.