1. A higher Deductible will guarantee cheaper premium.
A deductible is an amount an insured is bound to pay before their insurance company becomes duty-bound to pay as indicated in the terms of their policy. In the case of homeowners insurance policies, your deductibles will usually start from $250. Increasing your deductible from $250 to $500, for instance, could save you around twelve percent. Increasing it to $1000 might result in a twenty-four percent slash in rates. Various insurance companies might give more or less. Therefore ask your agent before you finalize your choice.
2. You'll bring down your insurance premium if you have an excellent credit rating. Those who have bad credit pay more expensive premiums for all forms of insurance. For most insurance carriers it is a pattern they believe you might repeat with them in premium defaults. This assumption of high risk makes such individuals get very high rates in insurance and other insurance policies.
3. Are you aware of all the discounts that your insurance carrier offers? Since agents too are human they might forget to tell you about some discounts you are eligible for. You will know simply by telling your agent that you want to know if you have been informed about every discount available. Don't be shocked if you hear of discover that you've never heard of.
4. If you buy more than one policy from the same insurer, you'll get multi-policy discounts. Expect discounts between 5 to 15 percent if you choose to purchase multiple policies from the same insurer. Notwithstanding, this doesn't make sense in all situations because the sum of savings realized by getting policies from different insurers may far outweigh whatever discounts you might get for getting multiple policies from the same insurer. The simply way to be sure of what's best for you is by obtaining multiple quotes and comparing what you'll be given as discounts.
You can get cheaper quotes on insurance today by visiting a minimum of three quotes sites. Each site will take you around 5 minutes or less to receive quotes. (Some folks present information that are not quite true about themselves. That isn't wise since the quotes you'll get this way will NOT be of any use to you). You'll simply select what represents the best insurance quote for you from the list of quotes obtained. It's as simple as that. But you could easily save hundreds of dollars.