While many of the factors affecting your home insurance rate are out of your control, there are a few things you can do to help reduce your premium. Below are some of the ways you can save money:
Installing security cameras and alarms.
Bundle your home and car insurance needs with the same insurance company. By bundling your auto insurance you will be able to reduce your home insurance premiums.
Pay your policy on an annual basis instead of monthly. Usually, your insurer will offer a better deal for an annual policy, saving you money.
Increase your overall deductible.
Don't over-insure for the replacement costs of your home or your personal belongings.
Compare quotes that insurers offer and find the best policy for you.
Don't file claims for minor damage like slight water damage. The more claims you file, the higher your premiums will be.
Improve your credit score.
These steps can also help you maximize your overall coverage and save you money in the long run.