17 Ways To Save on Home Insurance Right Away

LOS ANGELES - Feb. 20, 2025 - PRLog -- For full list of 17 ways to get your rate lowered, go to link at end.

1. Shop and Compare Rates for Home Insurance Annually
The best way to save money on homeowners insurance is to shop around. Insurance providers will offer different rates, so it is important to compare rates at least once a year or every six months, especially if you're working on improving your risk profile. An independent insurance agent can compare several companies for you.

Don't look at the cost alone though. Your insurer should also have good reviews about how they handle claims. You don't want to find out they have terrible customer service when filing a claim. Do an online search for insurers, ask your friends about their home insurance carriers or contact your state insurance department.

When researching online, visit the National Association of Insurance Commissioners (NAIC) website. You'll find state-specific information that will help you find an insurer in your area, including reviews and complaint histories. [1] Also, be sure to look up the financial stability of the insurance providers you're looking at with rating companies such as Standard & Poor's.

2. Look for Additional Insurance Discounts
After tacking on a few insurance discounts you can pay considerably less in home insurance premiums. Bundling alone will decrease your rate as much as 25% so consider bundling or buying all your insurance products from the same carrier. [2]

Even little changes, like signing up for auto payments, may be discounted. Each carrier has a unique list of discounts so speak with the agent and go over all the ones they offer. They may include:

Claims-free discount

Green home discount

HOA discount

New home construction discount

No-mortgage discount

Military discounts

Retiree or senior citizen discount

Pay-in-full discount

Bundle discount for home and auto

New customer discount

Loyalty discount

Credit union membership discount

Smart home discount

Military discount

Close proximity to a fire station discount

Teachers and educators discount

Firefighter discount

Automatic payments discount

Paperless statements discount

Payment history of timely payments

Claims free history

Security systems discount

Safety features discount

Nonsmoker discount

Multi-policy discount

3. Bundle Your Insurance
Bundling is when you buy more than one type of insurance policy from the same provider, such as buying homeowners insurance and auto insurance from the same company. It's the most common type of insurance savings strategy.

Visit https://smartfinancial.com/how-to-save-on-homeowners-insu... for the full article and 17 tips