If you have a home alarm system installed, it can cut down on your insurance premiums. Increasing security around the home means reducing the risk and that's what insurance companies are all about. Installing a fence around the property is another way to save money, and many insurance companies insist that your pool area is isolated.
One item that many people do not realize is causing their home insurance rates to go up is the type of dog they own. Certain breeds of dogs are considered dangerous and insurance companies automatically increase the risk level associated with the home, resulting in higher premiums. In some states, certain breeds are outlawed and cannot be insured at all.
Combine your homeowners insurance and your automobile insurance under one company. This helps you qualify as a dedicated customer and earns discounts. You can earn other discounts for being married, or your occupation. Next eliminate coverage options you don't need. Earthquake coverage is rarely needed in Florida, as an example of erroneous insurance coverage.
Your credit score could be important in keeping your insurance costs down. Insurance is very much a financial market, and how your credit is presented to the world has a large affect on how much risk the company is willing to take in insuring your property. If your credit score is high and you have never filed any home insurance claims, your basic premiums will be lower.
Finally, increase your insurance deductible. The more you are willing to pay on a claim before it goes to the insurance company, the lower your premiums will be. The danger here is to avoid setting your deductible so high that you cannot pay it when the time comes. Unless you are able to make the deductible, the insurance company will not pay the remainder of the claim, no matter how much it may be.