South Dakota Home Owner Insurance -- Four Proven Ways To Get Discounts

Contrary to what you might have thought, it is a lot easy to get a lower South Dakota homeowner insurance rate. All you have to do to achieve this goal are little bits of information (That is, if you use them). Here is a list of tips that will help you reach this goal...

1. Do not insure your house along with the land it is standing on as this will cost you more but is needless. Folks do this ignorantly. They just insure their house for its entire value without subtracting the land's cost.

If you did this quickly meet with your agent and re-evaluate your coverage. Deduct the cost of your land and buy coverage only for your structures and its contents.

This means you'll pay far less on home insurance. No matter what you do and who you meet, bear it in mind that the only things you insure are things that can be stolen or destroyed and your land is not one of such.

2. What you pay as premium is affected by your credit history. Those who have very good ratings spend far less than those who have poor ratings. A bad credit rating suggests that you've not been paying your bills in a timely fashion. This is a behavior that most insurers believe will be exhibited in the way you treat your premiums. If you are considered a potential defaulter, it makes you a bigger risk and draws much higher premiums than otherwise.

It will, therefore, be a smart step to do something about improving your credit rating. Apart from the other benefits in doing so, it'll help you get cheaper South Dakota homeowners insurance rates.

3. Electing to pay your rates monthly leads to more expensive rates than you'd pay if you decide to pay annually. A strong reason for this is the cost an insurance company incurs for sending you twelve bills instead of just one annually.

The cost increases if you add the fact that they pay transaction charges for processing each check you send them monthly. 12 checks mean 12 transactions which incur 12 different transaction charges. And, believe it or not, these extra overheads are ultimately added to your rates.

You will get reasonable savings if you start paying yearly. The actual amount you could save may differ but expect to save up to a month's premium worth with some insurers if you settle for this option.

4. You will save a lot of dollars by visiting at least 5 South Dakota homeowner insurance quotes sites. If you do this, you will get the lowest quotes possible as five sites will present up to 25 quotes altogether.

Here are my favorite quotes sites (highly recommended)...

Get Affordable Home Insurance Quotes

Home Insurance Quotes In Minutes