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Extra security can save money on homeowner's insurance

October 13, 2010 - The relocation of a family can be a costly endeavor, from the hiring of movers to the added insurance needed in the new place.

However, there are ways for people to save money on their homeowner's insurance, provided they are the type who enjoy home improvement projects.

Some moving experts suggest people installing home security devices, such as an alarm system or securing doors with deadbolt locks, as a way to reduce the amount of money spent on homeowner's insurance.

According to All Home Security, an online resource for resident security systems, many companies will reduce insurance rates up to 20 percent if a house is more secure.

Having a fire extinguisher nearby or install automatic sprinklers can also help with homeowner's insurance rates.

It's important for homeowners to speak to their insurance agents to see if their company offers specific discounts for certain security measures installed in a home. In the long run, these actions will make a home more secure and cost-effective, which may offset some of the expenses from moving.

 

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