House Insurance Charges Are Rising Due To Local weather Change: How To Reduce Your Prices – York Information-Instances

New windows that better protect your home can be a good long-term investment, especially in areas where hurricanes are frequent and insurance discounts are frequent. "New windows might cost $ 10,000, but they could save $ 2,000 in premiums annually," Lanham says.

Homeowners in drought-affected areas at risk of forest fires should "harden" their structures and properties by using materials and building structures that are less likely to catch and spread fire. While this can help lower the cost of home insurance, it of course also reduces the risk of forest fire damage to a home.

Some high net worth homeowners in fire areas have even gone so far as to install "sprinkler" systems that spray structures with extinguishing foam to retard flames. In other cases, the solution can be as simple as landscaping. For example, insurers cite more easily flammable Italian cypress trees and wood mulch as factors that can contribute to higher premiums.

If you have flood insurance or are considering taking out a policy, another damage control strategy – and insurance savings – is to raise a sunken property to limit potential flood damage.

Check your contract extension for climate-related coverage adjustments

As if the prospect of higher premiums wasn't bad enough, Lanham says there is a growing risk that your coverage will be tacitly adjusted so that you may stay shorter than expected after a weather-related incident.

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