How to Lower Your Homeowners Insurance Premium in Greenwood, Indiana
- Dec 31
- 2 min read
If you’re a homeowner in Greenwood, Indiana, you know that protecting your home is essential—but that doesn’t mean you have to overpay for coverage. At Wexford Insurance, we help Greenwood residents find affordable homeowners insurance without sacrificing protection. Here are 7 proven ways to lower your homeowners insurance premium today.
1. Bundle Your Policies
One of the easiest ways to save is by bundling your home and auto insurance with the same carrier. Many companies offer discounts of up to 25% for multi-policy customers.
Tip: Ask Wexford Insurance about bundle discounts with top-rated carriers.
2. Increase Your Deductible
Choosing a higher deductible can significantly reduce your monthly premium. Just make sure you have enough savings to cover the deductible if you need to file a claim.
3. Improve Home Security
Installing a monitored security system, deadbolt locks, and smoke detectors can earn you discounts. Some insurers also offer savings for smart home devices.
External Resource: Consumer Reports: Best Home Security Systems
4. Maintain a Good Credit Score
In Indiana, your credit score can impact your homeowners insurance rate. Paying bills on time and reducing debt can help lower your premium.
5. Ask About Loyalty and Claim-Free Discounts
If you’ve been with the same insurer for several years or haven’t filed a claim recently, you may qualify for loyalty or claim-free discounts.
6. Upgrade Your Roof
Homes with newer roofs often qualify for lower premiums because they’re less likely to suffer storm damage. If you’re planning a roof replacement, ask your agent about potential savings.
7. Shop Around for Better Rates
Rates vary widely between insurance companies. Working with an independent agency like Wexford Insurance gives you access to multiple carriers so you can compare and save.
Ready to Lower Your Premium?
At Wexford Insurance, we specialize in helping Greenwood homeowners find affordable coverage without cutting corners. Our local experts will compare rates from top insurance companies and customize a policy that fits your needs.
Click here to get your free homeowners insurance quote today or call us at 317-942-0549.
