How to Reduce Your Home Insurance Premium with Security Features
Nobody wants to entertain the thought of their home being broken into, but it’s always a good idea to have a safety net in case things suddenly turn against you. Home insurance is the best way to protect your finances when unfortunate circumstances hit your home. Home insurance prices can vary greatly, so in this this article we’re going to be explaining how home insurance works, and offering tips on which security features can significantly change the cost of your premiums.
What is home insurance?
Home insurance is the term for making small monthly payments in return for financial protection against unforeseen home disasters. When someone breaks into your property, they may cause great damage or steal items that are expensive to replace. By purchasing insurance you are relieving yourself of any financial difficulty; the insurance company you make payments to will cover the costs involved and reimburse you the necessary amount.
What are the security features that can affect my insurance quote?
The cost of home insurance will vary greatly depending on the features of your home. Having a home with little security features will make your home much more prone to a burglary. Since the likelihood of a burglary taking place is greater, the likelihood of the insurance company paying out is greater, and therefore they will charge a higher premium.
A home insurance quote can be affected by the following features:
Likely the first thing that comes to mind when you think of ‘home security features’, security alarms act as huge deterrents against potential intruders. A home without a security alarm is much more prone to potential break-ins and will therefore require a more expensive premium to cover. It is important to note, however, the cost of installing a security alarm in your home may actually exceed the reduction in price from your insurance quote. Therefore it may not always be cost-effective to install a security alarm in a sense, but the added benefit of reducing your chance of having a traumatic home invasion is certainly a factor to consider.
Unsecure locks are a goldmine for potential burglars, as they allow the perpetrator to enter a home in an inconspicuous manner. There are many different types of locks on the market, with the most premium locks positively affecting your home insurance price. Five lever mortice deadlocks are the locks that most insurance companies will be looking for to feel confident that your doors are secure.
Security shutters add extra security by providing a robust physical barrier to the windows and doors of your home. The security shutters at Safe & Secure will bring down insurance premiums due to the sheer variety of features they offer. Not only do they act as physical barriers, but their bold colours also function as a visual deterrent. By using Safe & Secure’s bespoke service, you will have our robust security shutters tailored perfectly to the exact dimensions of your windows and doors for maximum security.
At Safe & Secure, we provide high quality safety shutters to ensure your house is safe from potential invasions. From insulated shutters to steel doors, our range of security shutters vary hugely. For more information, or to enquire about any of our safety services, give our friendly team a call today.