There are many way you can lower your homeowners insurance rate. However, I'll touch just three that you can handle within minutes.

1. You'll get a lower homeowners insurance premium if you choose to pay a higher deductible.

For those who do not understand what a deductible is, it is the amount you have to pay whenever you file a claim before the company pays according to your policy terms. $ 250 is usually the smallest deductible selectable in homeowners insurance. By increasing your deductible to $ 500 you'd likely get discounts of up to twelve percent. Increasing it to $ 1000 might get a twenty-four percent discount. What you'll save for each deductible amount will differ depending on the company.

2. You will save much if you get several policies from the same insurance company. Most companies will give discounts between 5% and 15% if you have multiple policies with them. However, this does not make sense in every situation because the total savings made by buying policies from different insurers may be much more than whatever discounts you might get for purchasing multiple policies from the same insurer. The only way to know what's best in your case is by getting multiple quotes and comparing what you'll be given as discounts.

3. Make out some time to visit a minimum of 3 insurance quotes sites that offer quotes on policies. It should take you around 15 minutes. As you visit each site, ensure you give the same information. Doing otherwise will give you misleading quotes. After you've received your quotes, compare them to see which serves your interest best in price / value.