3 ways to save on your home insurance

Home insurance can feel like a drag...till the day comes where you need it.  Here are 3 tips for saving money while protecting your home.

1. Check out your insurance company's website for info on how to save money on your insurance.  For example having or installing a home security system or monitored fire alarm, choosing a higher deductible or going a certain period with no claims may make you eligible for a discount.  It pays to know!
2. ​Your insurance companies website can also tell the impact on your insurance premium of the different features of your home.  Having a swimming pool, the type of heating in the home you choose, tenant insurance, electricity (breakers vs fuses, knob & tube wiring) and the type of piping (copper vs lead or kitec - an aluminum plastic cheaper substitute sold between 1995 & 2007) can all have an effect on the amount you pay.  Simple changes could save you a lot in the long run.
   
3. Does your workplace or professional designation offer home insurance?  Compare prices as some can be significantly better than others.  Always shop around for the best price.