You may have the right home insurance coverage, but are you taking advantage of every discount? Most insurers offer numerous discounts, so you can reduce your home insurance cost, in some cases for things that you already have done, such as reaching a certain age.
Here are five ways to save money by lowering your homeowners insurance premium with discounts.*
1. Bundle your homeowners insurance and other policies
One of the easiest—and most common—ways to get a price break is to keep multiple insurance policies with one company. Not only is it convenient to have policies such as home and auto in one place, but most insurers reduce your cost for doing so. Discount rates vary by company, but you may save from 5 to 15 percent per policy, according to the Insurance Information Institute. Some states exceed those discounts and you can save even more, just be sure to check with your agent.