1. Comparison shop - Comparison shopping is the number one way to save money on your home insurance. You can save $500 to $1,000 on your yearly premium simply by comparing rates from various insurance companies.
Go to a comparison website where you can get rate quotes from different companies, compare those quotes, then choose the best one. Some comparison sites even have insurance experts on call so you can get answers to your home insurance questions online. (See link below.)
2. Raise your deductible - Raising your deductible from $250 to $1,000 can save you up to 25% on your insurance premium.
3. Consolidate your insurance - Purchasing your home insurance and your auto insurance through the same company can save you as much as 30% on your insurance.
4. Install security devices - Installing dead-bolt locks, burglar alarms, window locks, and security lights can get you a good sized discount.
5. Install safety features - Most insurance companies give discounts if you have smoke detectors, fire alarms, fire extinguishers, and sprinkler systems in your home.
6. Insure your home only - Make sure you are insuring your home and not your home and your land.
7. Stop smoking - Most insurers give discounts if everyone in your home is a non-smoker.
8. Get a senior discount - If you re 55 years or older you may be eligible for a senior discount.
9. Check your credit rating - Insurance companies now use credit reports to rate your risk factor. Check your credit report and have any invalid entries removed.
10. Ask for discounts - Some insurers will give you a discount if you re in the military, in law enforcement , are a single parent, or for a host of other reasons. Take advantage of all the discounts you re eligible for.
Visit http://www.LowerRateQuotes.com/homeowners-insurance.html or click on the following link to get insurance rate quotes from top homeowners insurance companies and see how much you can save. You can get more insurance tips in their Articles section.
The author, Brian Stevens, is a former insurance agent and financial consultant who has written extensively on tips to save money on your home insurance.
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