Homeowner's insurance is not required by state law in Nevada. However, since most homes in Nevada are financed and banks and other financial institutions do require homeowner's insurance for a financed home, it is important for most Nevada homeowners to save money and get discount homeowner's insurance here in Nevada.
Keep in mind that different insurance companies charge different rates for the same basic homeowner's coverage, so it really does pay to shop around and compare prices. The easiest way to do this is to go online and look at one of the many sites that help homeowners compare the cost of homeowner's insurance.
But besides that, most homeowners can take concrete steps to help keep the cost of their homeowner's insurance in check.
Start with your home's outside. First, make sure that all weeds and brush are cleared away from the house. This lowers the risk of fire, which in turn lowers your insurance rates.
Second, cut back every bush near a door or window. This makes it less likely that someone will break in, since thieves like to hide near windows and doors.
Make sure that every door has both regular locks and deadbolts. Make sure all of your windows, even the ones on the second floor, have locks that work. When you leave your house, even for just a few minutes, keep all of your doors and windows closed and locked. A professional burglar can get in and out of your house in less than six minutes.
Make sure you have all the right smoke and fire detectors in your home and that they all work. A good idea is to buy at least one fire extinguisher, which is usually a kitchen model.
A good credit score is an often-overlooked way to help keep your homeowner's insurance rates low. Many people don't know that their credit score can affect how much they pay for homeowner's insurance.
If you pay your homeowner's insurance premiums once a year instead of every month, you can save money and make sure you don't forget to pay.
Once you've made your home as insurance-friendly as possible, it's time to go online and start comparing the rates that different insurance companies charge. Always keep in mind that by increasing your deductible (the amount you are willing to pay out of your own resources before any insurance claim is paid) you will decrease your monthly premiums, sometimes substantially. If you are willing to do your homework, and to make your home as insurance-safe as possible, you can expect to save money and find the best discount homeowner's insurance in Nevada.
