How can I reduce the cost of my homeowners insurance?

Increase your deductible, bundle policies, improve home security, maintain a good credit score, and ask about available discounts.

To reduce the cost of your homeowners insurance, consider raising your deductible, installing safety features such as smoke detectors or security systems, and bundling your home and auto policies. You should also shop around regularly for the best rates.

Installing a security system may make you eligible for a discount on your premium. Bundling your home and auto insurance with the same provider can also lead to additional savings.

Ask your insurer about discounts for adding safety features, bundling policies, or raising your deductible. These steps can lead to significant savings on your premium.