8 Upgrades to Lower Your Atlanta Home Insurance Premiums

Real Estate

8 Upgrades to Lower Your Atlanta Home Insurance Premiums

As Atlanta homeowners, we're always on the lookout for ways to enhance our living spaces. But did you know certain improvements can lead to significant savings on your home insurance premiums? Here are several cost-effective methods that can help you protect your home from damage and potentially lower your insurance costs.

1. Water Shut-Off Devices

There has been an increasing concern for flooding in Atlanta and throughout the United States, so many insurance companies have offered premium savings for installed water shut-off devices. This technology allows you to quickly respond to flood alerts and keep your home from potential disaster. A smart and easy upgrade that could save you precious pennies.

2. Security System

Take advantage of insurance discounts by installing a home security system. With a surplus of smartphone-enabled options available—from alarm systems to video doorbells—protecting your home has never been easier.

3. New HVAC System

Upgrade your home's comfort and efficiency by installing a new Heating, Ventilation, and Air Conditioning (HVAC) system. Beyond the immediate improvement in your living environment, modern HVAC systems are more energy-efficient, leading to potential savings on your insurance rates and utility bills.

4. Electric or Gas Fireplace

While traditional wood-burning fireplaces may feel charming and romantic, they come with safety concerns. In some areas, they are already banned due to fire risks. So switching to an electric or gas fireplace not only addresses safety concerns but can also result in home insurance savings. 

5. New Wiring

If your home was built before the 1960s, check the state of your electrical wiring. Older homes with aluminum wiring are more susceptible to hazards. Upgrading to modern materials like copper can not only enhance safety but also lead to substantial savings.

6. Upgraded Plumbing

Periodic updates to your home's plumbing system can save you up to 15% on insurance premiums. Beyond improved performance and corrosion resistance, upgraded plumbing allows you to enjoy the luxury of modern updates and appliances.

7. Roof Renovation or Replacement

New roofing can be expensive, but upgrading this home feature can save homeowners anywhere from 5% to 35% on insurance premiums. Some companies offer discounts for specific materials such as hail or wind-resistant shingles. Regardless, a new roof is a wise investment, as insurance coverage for roofs over 20 years old can be challenging to obtain.

8. Storm-Resistant Windows

Investing in storm-resistant windows may seem like a significant expense, but the long-term benefits are worth considering. Not only do these windows reduce the risk of breakage during storms or hurricanes, but they can also earn you a policy discount from insurance companies. 

Did you know about these home upgrades that can lower insurance premiums? Not only do they give you a chance to update your home, but they also save you money down the line. It's a win-win for homeowners looking to protect both their homes and their wallets!

Not sure where to start? Contact The LaMon Team to get connected with local contractors and recommended insurance agents. A home is a big investment, and we want to make sure you (and your bank accounts) are protected.

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