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California has the distinction of having some of the highest real estate and housing prices in the nation. Because of this California homeowner insurance rates tend to be higher as compared with many other parts of the country. When you factor in the fact that earthquake insurance is also needed in most parts of the state you can see why the rates are so high. Fortunately there are a number of things you can do to lessen the cost associated with high insurance costs. In fact if you follow many of the following tips you may be able to reduce your monthly bill by as much as 30%. And having that extra 30% in your pocket every month could make a big financial difference in today's unstable economy. The first thing to check is make sure you're insuring your home for the proper amount. Many homeowners are paying for more coverage then they need because they are mistakenly buying coverage for the estimated sales value of their home. This price usually includes the cost of the land, which in most instances does not need to be insured. You only need to insure your home for the estimated cost of rebuilding it from the ground up in the case it is destroyed. This should include the cost of replacing its contents as well. Another way to save money on your California homeowners insurance is by installing a security system. This includes burglar alarms and smoke detectors that are hardwired into the home electrical system and is connected to a central call center that is monitored 24 hours a day. Insurance companies require at the minimum a $500 deductible on all home insurance policies. Most people just accept this and fail to realize that by raising their deductible another $500 to $1000 can save an additional 30% of their monthly premiums. You can also save money by buying all your insurance from one company. Most insurance providers, online and off, offer more then just home insurance. If you combine your auto and home insurance under one provider you will most certainly get a discount. One of the best ways to save money on homeowners insurance in California is to purchase your policy on the internet. Not only can you get multiple quotes to compare but most online insurance companies also do not have the administrative costs associated with the more traditional offline companies. They can then pass these savings onto their customers. If you feel you are paying to much for your California homeowner insurance then consider these tips as a way to help lower that cost and put more money in your pocket every month. For more information about California Home Owner Insurance visit the websiteHome Insurance Quotes by Clicking Here.
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