Cut West Virginia Home Insurance Costs – 6 Tips

West Virginia home insurance isn’t cheap. In fact, it costs $638 per year*. The good news is that there are several quick and easy ways to make your premium more affordable.

6 Tips to Save Money on West Virginia Home Insurance

Home insurance is a necessary expense, but that doesn’t mean it has to cost an arm and a leg. Try these 6 money-saving tips to reduce the cost of your West Virginia home insurance policy:

• Insure your vehicle and home with the same insurer and get a multi-line discount. Bundling your policies could land you a 15 percent discount on each policy. That’s a serious discount!
• Consider raising your deductible. A higher deductible will translate into a lower premium. If you can afford to raise your deductible to $1,000 or higher, expect to pay a lot less on your homeowners insurance rate. Make sure you have enough money at your disposal should you need to file a claim, though.
• Don’t pay in monthly installments. If you can afford it, pay your premium in a lump sum. Home insurers often charge convenience fees to homeowners who pay their premiums in installments, so paying in a lump sum may save you a bundle. Even $7 per month will cost you $84 per year.
• Grab as many discounts as you can. Home insurance companies offer discounts to seniors, smoke-free homes, brand-new homes, homes with fire-retardant roofing materials and security alarms, long-time customers and more. Ask your agent if you qualify for one or more of these discounts.
• Don’t insure the value of your land. Even if a major disaster destroys your entire home and all your personal possessions, your land will very likely remain intact. So, you may be wasting money by insuring the value of your land. 
• Shop around for a cheaper premium with another insurer. Consumers who compare home insurance quotes from several different insurers are often shocked at how much they could save by switching companies. You can shop and compare West Virginia home insurance quotes for free with InsWeb’s home insurance quote form.

If you live in the Mountain State, shop for home insurance quotes using InsWeb’s home insurance quote form. Switching insurers could save you hundreds of dollars per year!

*Insurance Information Institute