In Auburn, Alabama, homeowners pay an average home insurance cost of $1,561. Auburn homeowners can use the discounts offered by home insurance companies to reduce their home insurance rates. Below is a list of the discounts provided to Auburn homeowners that they can take advantage of to save on home insurance.
Home insurance companies provide discounts to Auburn homeowners based on the construction materials used to build the house. Auburn homes built using sturdy materials make them more resistant to damage, earning them considerable discounts from home insurance companies. For example, Auburn homes constructed using fire-resistive materials and superior materials get discounts of $187 and $140, respectively, on their homeowner’s insurance. Houses built using masonry and brick earn a value of $78, while homes with a hail-resistant roof get a $47 discount.
Newly constructed Auburn homes can avail of discounts of up to $375 on homeowners insurance. New homes have less propensity to damage. As a result, home insurance companies offer substantial discounts to newly built homes. On the other hand, older homes attract higher insurance rates. Auburn homes’ receive a discount on insurance rates for houses aged more than 40 years and 50 years are $41 and $75, respectively.
Home insurance companies consider the lifestyle of homeowners to determine insurance rates. If all the household residents are non-smokers, insurance companies offer special discounts on home insurance rates. Auburn homeowners who own a swimming pool can attract an additional insurance cost. Installing a fence around the pool with self-latching and self-closing gates will help homeowners receive discounts from home insurance companies.
Although most of the factors to avail discounts are not under the purview of homeowners, they can still benefit by choosing deductibles to reduce home insurance rates. Homeowners can avail of attractive discounts by opting for higher deductibles.
Home insurance companies provide discounts to homeowners who have a claims-free history. On the other hand, homeowners with prior claims can attract an additional charge on their home insurance premiums. The cost of home insurance in Auburn increases by up to 44% based on the nature and number of claims. Auburn homeowners who have a history of two fire claims attract an additional charge of $655. Homeowners in Auburn are prone to break-ins and severe weather conditions, which cause damage to the property.