Home is the place where you are at peace, the place where you can rest and relax. It takes a lot of effort in setting up a home, making its safety an absolute must. This is why it is essential for you to get your home insured. It is what comes to your rescue in case of break ins and disasters, natural as well as otherwise. But with so many insurance schemes at your disposal, it can get a little tricky to pick out the best for yourself. Following are a few tips and tricks which will help you find the perfect insurance plan for your home – a plan that will also not burn a hole in your pocket.

1.       Compare your cover: Never fall for the first scheme that comes your way. Though it is the easy thing to do, it is not the right one. You must check what different insurance companies are offering you and only then settle for the best bargain. Some companies consider certain factors while some consider others, and you must pick your plan according to what suits you best.

2.     Decide what all to cover: While it may seem so at first, but going for the cheapest home insurance plan is not always a good idea. What really matters is how much cover it is offering you. A building’s insurance is mandatory for just about everyone, but you must also get a contents’ insurance for your own good. As the name suggests, it covers the contents of your home, backing you up if they get lost, stolen or destroyed.

3.       Protect your place: What you need to understand is that the rate of your premium depends on how much of a risk you are to the insurance company. Adding protection to your place lowers the risk factor involved and hence lowers the rate of your premiums. You may add to the safety of your home by getting fire and burglar alarms installed in it. You must also get the best locks for your home and check on them regularly.

4.      Be attentive and maintain good records: This includes being attentive of offers and discounts on insurance policies. Keep checking with your company from time to time, atleast every 6 months, to save on money. Also, do not put forward a claim for every single loss. The lesser claims you have, the lower your premium is. Hence, try getting small losses covered on your own. This will help you in keeping a clean record, which will add to your own benefit.