With the growing expenses of today, everyone is looking for methods to spend less and save money. In South Africa, enormous amounts are invested in insurance coverage on a yearly basis, so it is safe to say that wanting the very best policy rate is little to ask, right? Wrong: the insurance industry is among the wealthiest industries but they are still raising insurance costs and policy premiums as they wish. Nonetheless, every property owner needs insurance coverage; it’s just not something you can afford to be without; since several people’s biggest asset are their houses.

So you are trying to find a property insurance quote? Well, you’ll be thrilled to know that thousands of homeowners are reaping the benefits that come with filling out free home insurance applications on the web. However, let’s say you are not one of them because you simply do not have the facilities to be able to do this? Do not be deterred, looking for an insurance quote and comparing them is not the only way to reduce your premium, there are a number of different things you can do to lower you premium.

One of the easiest things you can do would be to have a live-in housekeeper. Some insurance carriers offer up to 2% discount in case you have a live-in housekeeper as they assume that it may reduce the chances of a burglary taking place. Some of these factors that may contribute to reducing your premium may be easier to do and less time-consuming than searching for an insurance quote: bear this in mind prior to going to all the trouble of searching for an insurance quote.

A majority of insurance providers offer a discount for newly constructed homes or buildings. If your home is newly-built, you’d want to inform you insurance provider about this, as you may qualify for a rebate. Newer homes are seen to have less that can go wrong than older homes. You could qualify for this discount if your property was built in the past 10 to 15 years. A recently remodeled property also costs less to insure, so find out when the last major electrical, heating and plumbing updates were done.

Some insurance providers may also offer a lower price on paid-off mortgages. You may even be eligible for a reduction as big as 5%! Do not forget that this kind of information is not asked when trying to get an insurance quote on the internet: you’d need to go straight to the service provider or broker to inform them about it.

If you have not claimed under your policy in the past 3 to 5 consecutive years, you could receive a discount of up to 15%, depending on the provider. Also keep this in mind when applying for your policy.

So, it is your decision, either waste your time trying to find an insurance quote on the internet, or follow the above-mentioned suggestions and decrease your premium instantly. However, remember to make sure you are fully insured, as being under insured may cost you dearly later on.

For more information on insurance quote visit our site on http://www.youinsure.co.za