How Homeowners Can Save Money on Insurance with Different Home Improvement Projects
Home insurance is a necessity. It is hard to deny the fact that your house and its contents need to be protected in case of loss, damage or theft. If you have a mortgage on your house, your lender more than likely requires you to have this important coverage. However, that does not mean that you have to pay a fortune for it.
Lowering the cost of your homeowner’s insurance can be tricky. You do not want to install something that will cause the value of your home to go up exponentially, as a large remodeling project will also raise the amount of insurance that you have to have. Instead, you need to stick with smaller projects that will not affect your home’s value too much, but will lower the cost of your home insurance premiums.
Install Fire-resistant Siding on Your House
There are several different types of fire-resistant siding to choose from, including wood that has been specially treated with a chemical that will prevent the house from catching on fire. This is extremely useful if you live in an area of the country that is plagued by forest fires.
Fire-resistant siding is also good to have if you live in a city or town where the houses are close together. If all that separates your home from that of a neighbors is several feet or the width of a driveway, your house could be in danger if nearby houses catch on fire. Because of this, installing this type of siding will lower your home insurance costs, since the odds of your house catching on fire are slim.
Put in Storm-shutters Over Each Window
Storm-shutters, also known as hurricane shutters, come in several different varieties. You can purchase the kind that roll down over your windows, the type that swing shut and latch very securely, or the ones that look like an accordion, since they are pulled out and over the window from the right or left.
There are two main parts of the country where homes should have storm shutters: those that are located in a historically-hurricane prone area, and those that are in tornado alley; in other words, the Eastern portion of the country, the Gulf areas, and the Midwestern plains. Even if you do not live in one of these areas, purchasing a set of storm-shutters, especially for the front of your house, is not a bad idea.
All of these storm shutters protect the interior of your home from damage due to high winds. They also protect the windows themselves. Your homeowner’s insurance will go down once you put these protective shutters in, since the contents of your home are less likely to be broken in a large storm.
Install Heavy-duty Shingles
Heavy-duty shingles tend to be either fire-resistant or wind-resistant. If installed properly, they will not become damaged during storms, no matter how high the winds are. The fire-resistant kinds are treated with the same chemicals are fire-resistant siding; however, they are not usually made of wood. Wind-resistant shingles are normally installed differently than standard ones, as they need to be fastened to the roof properly.
No matter which type of heavy-duty shingles you have installed on the roof of your house, your insurance costs will be less than before. This is due to the fact that your roof is less prone to damage.
Protecting your home is important. This is why you need homeowner’s insurance, and also why installing fire-resistant siding, storm shutters and weather-resistant shingles all help to make your house stronger and less susceptible to the elements. The added bonus lies in the fact that all of these things also lower your insurance premiums.
The preceding article was written by Terry Wood, an expert with a homeowners insurance quote comparison site.