Similar to the way your mom wanted you to wear a helmet when riding your bike, so too do home insurance companies like to hear you've taken precautions to safeguard your abode and family. We'll give you the rundown on some useful home safety features and how they could earn you some savings on your premium.
According to the National Fire Protection Association, there were nearly 1.3 million fires reported in the U.S. in 2014 alone. And the FBI estimates that a home burglary happens every 13 seconds on average. So it almost goes without saying that it's wise to outfit your home with features that'll help keep you, your family, and your belongings safe.
Security alarm systems
Security systems may include alarms, video surveillance, and other types of monitoring devices — both inside the home and out. A security system that can alert both local police and the fire department during a breach may afford the best protection and savings.
In fact, a comprehensive study by Rutgers University found that alarms reduce the chances of a burglary for a single family home by more than 60 percent. And alarms that also notify the fire department during a fire — especially if no one is home — are absolutely critical to reducing the cost of damage and claims. Generally, the more monitored entry points you have, the greater protection and savings you can secure.
This safety measure goes without saying, right? Especially considering that over 92 percent of homes in the U.S. have smoke detectors. However, smoke detector upkeep often falls by the wayside, as roughly one-third of those alarms are kaput.
So be sure to replace smoke alarms every decade, and install them in areas of your home where you'll be able to hear them (inside/outside each bedroom, and on every floor). Alarms throughout the home should be interconnected so that if one unit sounds, the rest will follow suit.
Fire sprinklers for the home are growing in popularity among homeowners for their ability to mitigate fire damage by either putting out the flames or containing them until the fire department arrives. Residential sprinklers are generally very low maintenance and typically designed to react faster than commercial sprinkler systems.
Indoor fire sprinklers give your family extra time to escape, and can control heat, smoke, and flames, which could reduce additional property damage. Without them, flashover may occur during a home fire, where everything in the room erupts in flames, meaning your home and belongings could be rendered unsalvageable.
Most home insurers look benevolently on any line of defense for the home. Sure, more seasoned burglars can probably pick through locks, but deadbolts could slow them down and buy you time. To give you (and your homeowners insurance company) more peace of mind, install deadbolts to every point of entry throughout your home — including front, back, and side doors, as well as doors inside your place.
Other safety features that could help you save on homeowners insurance include:
home safety features discount
You've no doubt heard time and again that your home is one of the biggest investments you'll ever make (financially and emotionally). That means you probably want to do everything you can to protect your abode and everything in and around it, including your family, other structures, and personal property. Well, many home insurance companies — like Esurance — want to reward you for being such a responsible homeowner.
That means, if you've outfitted your home with an ensemble of security features (smoke detectors, burglar alarms, water safety systems), you could be saving on your homeowners insurance premium in addition to keeping your home safe from an onslaught of perils. And typically, the more safety features your house has, the more you can save on your insurance. Talk about a win-win.
how much could a security system save you on your home insurance?
The amount you save on your home insurance premium depends on the amount and quality of the security systems in place, and may vary between insurers. Security measures can help deter risks like fire damage or break-ins, and thus reduce the likelihood of a claim. Most home insurers offer a safety features discount of up to 15 percent.
It's important to check with your home insurance company to gauge the availability and amount of your home discounts. If you're a policyholder with Esurance, don't hesitate to give us a ring at 1-800-ESURANCE (1-800-378-7262), where our licensed agents are available 24/7 to help.
get reliable, affordable homeowners coverage from esurance
The money-saving perks don't end there. By simply switching to Esurance, for instance, you could qualify for easy savings with our Switch & Save® discount and get your homeowners policy off to a stellar start. Plus, this discount lives on for the first 2 years of your policy, giving you ample time to reap even more savings. How's that for convenience?
In addition to our myriad insurance discounts, a standard Esurance policy comes with wide-ranging homeowners insurance coverage options that do more than just protect the structure of your home. When you get your fast, free homeowners quote online today, we're confident you'll see why Esurance is the smart choice.
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