If you have managed to secure a second home for yourself, you will know by now that insurance on the second home doesn’t come cheap. But that shouldn’t be a cause for worry since a few adjustments will help you lower the cost of insurance on your second home. Smartmoney.com reports:
A central alarm system that detects both fire and burglaries can cut a quick 20% off the top, insurance salespeople say. A basic system costs around $300 to install, depending on the number of zones and sensors in your system, according to alarm company ADT. Expect to pay $70 and up for service each year.
Read more: Second Home Insurance Tips
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