Before buying such a system, consumers should check with their insurers to validate that such as system will be eligible for a discount and how much the device or system would cost. Most importantly, the consumer should know how much may be saved on premiums. Stop smoking Smoking accounts for more than 23,000 residential fires in a year nationwide. That's why some insurers offer to reduce premiums if all the residents in a house do not smoke. Seek out discounts for seniors Retired people stay at home more and spot fires sooner than working people.
Retirees also have more time to maintain their homes.
If a homeowner is at least 55 years old and retired, he or she may qualify for a discount at some companies. Compare the limits in the policy with the value of the possessions in the home at least once a year. Policies should cover any major purchases or additions to the contents of the home. Remember that additions to the physical structure of the home should be reported to your agent or insurance company for a reevaluation of the limits of your policy. In addition, review your contents which may require a special scheduling on your policy.