The following list outlines some of the protections you'd be wise to investigate and install prior to taking out your homeowners' insurance policy - or soon after you begin coverage. So it's clearly in your best interests to shop around and find out who will make you the best offer for your efforts. In many cases, new homeowners either have the above safety features, or they've performed various updates to their homes, and they fail to report them to the insurance company. As a result, they end up paying more than they would had they spoken up. Before you meet with an insurance agent, make a list of all of your home's features, be they mere updates or safety features such as those listed above.
Some insurance carriers offer a discount to homeowners of properties built within the last decade.
You may also wish to investigate the option of combining your homeowners' insurance and automobile insurance under one policy, which typically results in a lower payment for you. Another money-saving measure factor you may consider is raising your deductible, which can lower your premium significantly. Before you sign enthusiastically on the dotted line, however, make sure that in the event you need to use your insurance policy that your budget will accommodate a higher deductible. In today's competitive market, it's particularly important to shop around, because it's quite possible you'll receive widely disparate quotes on policies that offer essentially the same coverage. This climate is to your advantage, however.