Because my house is rent to buy the way to sell , buy powers to fulfill the buyer before I became landlord. Before I put the house rent , house insurance company asked to call from from the housing into rental housing, insurance premiums will increase . The phone is a woman . The answer is simply rent the landlord insurance against fire , without protection of personal property , the new premium is $ 826 a year . My old premium is $ 817 , so the change is negligible . I wrote in the old insurance policy for $ 826 , but did not write down the date . Because I was the insurance company 's customers , and before each asked premiums , will give me, so I'm more likely to trust them.

I signed a lease , immediately call the insurance company , officially replaced by the landlord fire . The phone is a male . He asked a lot of unnecessary problems because answers to these questions are in my original insurance policy . Finally, ask how much premiums can not tell me . This man gave me the impression that he is a novice . After a week , I received an insurance application form sent to me to fill up . I was very surprised , and went electric asked , and asked how much premiums . The phone is another woman . The answer is $ 1,039 . I said last time I asked , saying it was $ 826 . She checked that did not see a record $ 826 .

In her investigation period, I carefully looked at the new policy , found from pay per incident (deductible) is $ 250 . I told her , I found the reason for the high premiums . Since my previous pay per incident was $ 5,000 , who would go to a loss of $ 250 insurance companies asking for trouble , give yourself a bad record yet. Tell her rent paid fire from maximum amount per accident is $ 2,500 , I said I changed it to $ 2,500 . This change became the new premiums $ 724. Readers should see here to find out your policy to see how much each accident pays .

In addition to increasing self-pay, there are some other ways to reduce housing premium.

land value of $ 200,000 , the house itself is worth only $ 300,000 . Then you just buy a $ 300,000 home insurance , because $ 200,000 of land will not be a fire or storm damage. However, if your down payment is less than $ 200,000 , lenders may ask your insurance amount not less than the loan amount .

Houses and cars : If houses and cars in the same insurance company , you may get 15% -20 % discount.

Do not change the insurance company : Some insurance companies will give 3-5 years old customer 5% discount , more than 6 years old customers a 10% discount .

Increase housing security: Install smoke alarms (Smoke Detector) or burglar alarm (Alarm) will probably get a 5% discount .