| If you're a typical homeowner, you want full | | | | directly lower your premium. Some common |
| coverage for your home at the cheapest | | | | homeowner discounts include: |
| homeowners insurance rate possible. Fortunately, | | | | * Auto/home discount |
| there are four simple steps you can take to save | | | | * Non-smokers discount |
| money on your home insurance: | | | | * Senior citizen discount |
| Buy the Right Amount of Insurance | | | | In addition, you can receive discounts for having |
| Many people buy too much insurance, mistakenly | | | | safety features in your home such as smoke |
| insuring the land their home sits on. | | | | detectors, sprinkler systems, alarm systems, fire |
| When you're deciding how much insurance to buy, | | | | extinguishers, and deadbolts. |
| select an amount that will allow you to rebuild | | | | Not all insurers tell you about all the discounts |
| your home and replace your possessions. | | | | they offer, so make sure to ask for all the |
| Not sure how much that is? A local contractor or | | | | discounts you're eligible for and include them in |
| Realtor can help you determine how much it | | | | your policy. |
| would cost to rebuild your home, and a thorough | | | | Shop Around |
| home inventory will help you determine how much | | | | Rates vary dramatically from company to |
| your possessions would cost to replace. | | | | company, so you need to take some time to |
| Set Your Deductible Higher | | | | compare rate quotes from different companies. |
| The deductible is the amount you pay toward a | | | | The easiest way to comparison shop is to go to |
| claim before your insurer pays. A higher deductible | | | | an insurance comparison website. On such a |
| means a lower premium because your insurer | | | | website, you type in your insurance information |
| assumes you will pay for smaller incidents yourself | | | | and then several A-rated companies will send you |
| rather than filing numerous claims. | | | | quotes. |
| A higher deductible can lower your premium by as | | | | All you have to do is compare the quotes and |
| much as 35%. | | | | select the cheapest quote with a policy that |
| Ask about Discounts | | | | provides the coverage you need. |
| Many insurance companies offer discounts that | | | | |