To get a home owner discount you must first own a home. Your home is a strong bargaining tool when it comes to reducing the cost of your car insurance. Insurance companies give home owners lower rates because they exude stability. Home ownership requires a lot of responsibility. Insurance companies are looking for responsible people to insure because a responsible person is less likely to cause an accident or file a claim.

Provide Proof of Home Ownership

Many insurance carriers require proof of home ownership in order to receive the home discount. The discount is significant and insurance carriers want to verify the discount is being applied properly to the qualifying candidates.

Qualifying Proof of Home Ownership

• Copy of your home owner’s insurance policy
• Home tax statement
• Mortgage coupon

How to Add a Home Owner Discount

If you were not a homeowner at the time you purchased your car insurance policy, you will need to request the discount be added once you do own a home. The best advice is to look for a home insurance policy with your car insurance. In doing so, you will not only receive the home owner discount but also the multi-policy discount. Make sure to check with your insurance agent or carrier to verify quotes and discounts.

The home owner discount is easy to obtain as long as you actually own a home. It is also easy to overlook, if you are not aware it is available and your insurance agent isn’t paying attention. Make certain to double check your list of discounts and call your insurance agent or representative to review your discounts for accuracy.