If you just bought real estate in New Jersey, you should consider making another purchase: NJ home insurance. With this type of policy, your home is protected from burglary and natural disasters. If either situation damages your property, your insurance company will pay for the repairs. It will also provide compensation for stolen belongings. This is only the beginning, as there are many optional policies you can use to protect yourself fully during an emergency. In any case, whether you get basic or premium policies, you still have to worry about a monthly payment. Fortunately, there is one thing you can do to lower your rate. It involves protecting your home against the two major concerns faced by insurance companies.
When it comes to NJ home insurance, crime is a major concern. As a result, insurance companies charge less money to homeowners who have secured their properties. You can do the same by installing dead bolts and a security system. When installing a security system, try to get a professional unit. While dummy cams and sound-based alarms offer some level of security, insurance companies only care about the “real” thing.
Specifically, this means not only sound-based alarms, but also units that can call the police. By making these provisions, a $100 insurance bill could drop down to $80—that is how much insurance companies value a secure premises. The savings can go up even further if you get a system from one of their recommended providers. The reason why is because often times these enterprises initiate deals with insurance companies. Every time a client orders a new system, the insurance company gets a referral fee. Take advantage of this relationship, as it offers another way for getting huge discounts.
Fire is the second area of concern when it NJ home insurance rates. If your house goes up in smoke, your insurance provider must pay for everything. This is why you will have to pay dearly if your home is not considered fireproof. Older homes with wood framing are immediately suspects, but so are those with attached garages. For both scenarios, consider getting sprinkler systems and fire alarms. Most new homes already have these things, which is why their insurance premiums are a little less. However, even a new home can get an upgraded fire alarm. The systems that can phone the fire department are an example. With these systems, a house fire will not have enough time to get out of control. Best of all, many of these alarms are already integrated with professional security systems. You may have to pay an extra fee for fire protection, but you will not have to install a separate system. With that said, if you feel that your home is not properly fireproofed, get a security system with fire protection. Through such an action, you address the issues of crime and fire with one device. In the process, your insurance provider will reward you with a generous discount.