Homeowners insurance industry isn’t impressed with smart homes

homeowners insurance industry, smartphone smart home

Despite the claims device makers have made about improved security, insurers aren’t lowering bills. The smart home device market has led to millions of dollars in sales but has not managed to impress the homeowners insurance industry. Americans have been buying WiFi connected smoke detectors and security cameras in droves. However, home insurance companies aren’t yet convinced that they are worthy of premiums discounts. A traditional smoke detector may bring savings to many homeowners, but more recent gadgets are still unproven. With the average rates across the homeowners insurance industry…

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Auto insurance discounts from new safety features are few and far between

auto insurance discounts new york traffic taxi

Automakers are continually adding safety features to their models but this isn’t making coverage cheaper. Every year, vehicles have a new list of safety features, but they don’t appear to be reflected in auto insurance discounts. A handful of years ago, the devices commonplace in the latest models didn’t even exist. In theory, these are making cars safer. Yet insurance companies are not reflecting that safety boost in the premiums charged for coverage. Many consumers are now asking why they’re not paying less when they own far safer vehicles. The…

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Motorcycle insurance discounts make a difference with anti-theft devices

Motorcycle insurance discounts Bikers Waves Riding Harley Davidson

Riders who are looking to save money have spotted a fantastic way to reduce their premiums. Finding the best motorcycle insurance discounts can be one of the best ways to save money. That said, some provide a greater savings than others. The majority of states require riders to carry a certain amount of coverage. That can be very affordable or quite expensive depending on the individual, where they live and the bike being insured. Riders are now finding that anti-theft devices are proving to be a fantastic investment in insurance…

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A good tire pressure gauge is a vital part of winter safety

auto insurance winter tire pressure gauge

You may have put your winter tires on, but if they aren’t properly inflated, they aren’t as effective. Across the United States and Canada, a growing number of insurance companies are offering discounts for careful attention to safety throughout winter months, such as using winter tires, but drivers should also be investing in a high quality digital tire pressure gauge to make sure their inflation is where it should be. Fluctuating temperatures make it especially important to keep an eye on tire inflation levels. On the Canadian side of the…

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Auto insurance discounts are missed by 84 percent of US drivers

storm auto insurance discounts car

A recent study has shown that only 16 percent of American motorists actually take advantage of all savings opportunities. A new report was recently released by insuranceQuotes.com and has shown that a large majority of consumers in the United States are not taking advantage of all of the potential auto insurance discounts for which they might qualify with their providers. The report showed that only 16 percent of drivers had actually asked their insurance company about discounts. Among the types of auto insurance discount that are common are marriage, low…

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Auto Insurance Discounts You May Not Know About

Many of us spend a large portion of our incomes on car maintenance, repairs, and auto insurance. To help decrease the high costs associated with car ownership, it is extremely beneficial to be cognizant of ways to save on auto insurance. Auto insurance can get expensive, but many people are unaware of the auto insurance discounts available to them. Below is an overview of several types of auto insurance discounts you may not know about. Have Multiple Cars Under the Same Insurance Policy If you own more than one car,…

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Nonsmokers homeowners insurance discounts are butting out

nonsmokers homeowners insurance

Though once quite common, the reduced premiums paid by people who don’t smoke are becoming rare. It wasn’t that long ago that reporting to an insurer that you wished for nonsmokers homeowners insurance because nobody in the household was lighting up was not only good for the health of your family, but also for your wallet. However, it is becoming increasingly rare to be able to shave those extra dollars from your premiums in this way. This is especially the case in Massachusetts. The nonsmokers homeowners insurance discount in the…

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4 Surprising Home Insurance Credits That Help You Save

The Federal Reserve puts the median cost of homeowners’ insurance at $744 per year, but insurance costs can range from as low as $300 per year to as much as $1,000 per year. Your home’s condition, geography and weather all influence costs. While you can’t do much about certain home hazards, such as a floodplain location or tornado zone, you can tackle other hazards that cause a higher premium. These four issues represent potential homeowners’ insurance credits that you can earn with just a little bit of work and upfront…

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Saving on Insurance: Six Tips for Lowing Your Homeowner’s Insurance

cost of Homeowners Insurance

Looking to save money on your home insurance? The price you pay for insurance is not fixed. If you need to lower your monthly payments, there are several ways to do so.   Shop Around Not all insurance companies are created equal. You can save a bundle by calling different insurance companies for quotes. You may find a different company who can offer you the exact same level of protection for a significantly reduced rate. Raise Your Deductible If you are in a low-risk area, you can save money by raising…

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Why Bundling Home and Car Insurance is a Smart Move

Not only is it harder work shopping around for separate quotes for your auto insurance and then your home insurance but it could also be costing you more money by buying individual policies .  Many insurance companies offer discounts for loyal customers who choose to give their business to them on several fronts so it is worth checking out to see whether you can save money by bundling.  Why bundling makes sense  When you think it about it, if you went into a store and offered to buy three of…

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