By: Megan Bohannan
Bundle your home and auto insurance
Bundling your auto and home insurance with one agency is a great way to save money on your home insurance, as most insurance agencies offer discounts when purchasing both. If you already have insurance check your agency's policy to confirm whether or not bundling discounts are applicable.
Make improvements to your home
Making purposeful improvements to your home is another great way to save on homeowner's insurance. Completing renovations to your roof, older electrical system, and windows could lower your premium. Improvements like this will help keep your house safer and reduce the cost of homeowner's insurance thanks to the lower risk of the claim.
Work on improving your credit score
One less known factor that can influence your monthly premium is your credit score. This depends on your insurance provider's policy and whether or not you live in an applicable state. Build your credit is always a good thing, and one of the many benefits of having good credit would be a lower monthly premium.
Install safety and security features
One of the easiest and most common ways to save money on your insurance is to install safety and security features in and around your home. Insurance agencies strongly consider these types of features when establishing what your monthly cost for insurance will be.