- 1). Save on your insurance premium with a higher deductible. Talk to your insurance company about increasing your deductible to help get a better insurance rate. People with low deductibles pay higher premiums.
- 2). Add on an insurance policy. Carry more than one policy with your homeowner insurance provider. For example, request a policy for flood insurance or check into the insurer's auto insurance rates. Some insurance companies give discounts when you hold multiple policies.
- 3). Get a security system to get a discounted rate. Hook up a security system that automatically calls the police department or fire department if someone breaks into your home or if a fire breaks out.
- 4). Quit smoking. Some insurance companies inquire about smokers living in the home, and offer discounts if the policyholder and family members inside the home are non-smokers.
- 5). Maintain a good credit history. Your credit profile can determine your rate on home insurance. Insurance providers may discount the rate if you demonstrate creditworthiness. Pay bills on time each month to increase your FICO credit rating.
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