How Can I Reduce The Cost Of Homeowners Insurance? 
There 's several ways to lower your homeowners insurance premiums . You can raise your deductible . Many deductibles offer percentage discounts of up to 40 % of the base premium . Another way is to lower your coverage . I would speak with your agent before lowering any coverage . Another way is to install a central station alarm system . This can lower your premium up to 10 % . Also you can exclude `` off-premises theft coverage '' . This is another 10 % discount and will exclude any items that are stolen away from your home . Hope this answer helps . Again , always speak with your local independent insurance agent or broker before making any changes to your policy . 