Can I get a homeowners discount if I buy a new home?

You may be able to earn a discount on homeowner insurance, if you're purchasing a new home or switching from a current renters insurance policy. Your home does not have to be newly built to qualify. This is another easy way to score a homeowners discount, if it’s available to you.

Are there discounts on home insurance?

Those include installing safety features like a burglar alarm or upgrades to your home, like storm shutters or a hail-resistant roof. There are also discounts on home insurance for staying claim-free and for bundling your home and auto insurance with the same company. The savings for each homeowners insurance discount varies, but they can add up.

How do homeowners insurance discounts work?

Homeowners insurance discounts can reduce the cost you pay for coverage. You may get a discount when you first buy a homeowners policy or you may get them added on later when you become eligible for those discounts. For instance, you may get a discount right off the bat if you have the best home insurance and car insurance from the same company.