It’s easy to save money on homeowner’s insurance, just try doing some of these things.

If you are interested in saving a few bucks, there may be a few things you can do. Saving money on your homeowner’s insurance can be a great way to make ends meet. Here are a few things you can do to trim some dollars off your homeowner’s policy. 

Shopping around is one of the quickest ways to save money. Sometimes people can become complacent when it comes to homeowner’s insurance. As long as the insurance premium is paid along with the mortgage payment it’s easy to overlook. But In many cases, people find that they can find better prices if they just take the time to look around. You can start is by checking rate comparisons, which many states publish online. There are tons of places online for comparing insurance rates.  

Insufficient coverage is a sure way to lose money if you file a claim. It’s a good idea to make sure you’re not underinsured. Ask your insurer for a customized estimate of your home’s replacement cost. This will protect you against a possible surge in the price of materials that can follow a natural disaster. 

Try consolidating your car insurance with your homeowner’s. An umbrella policy is a good way to save some money. You may be able to save as much as 30% when you combine auto and homeowner’s insurance with the same company. Check with each of your carriers to see what savings they can offer by consolidating your insurance needs.  

Raising your deductible will certainly lower your monthly premium. Most people have a $500 deductible on their standard homeowner’s policy. In most cases you can enjoy significant savings by increasing your deductible to $1000. Of course, you should remember that you will have to come up with $1000, instead of $500 when you file a claim. 

Ask your agent about these and other possible ways you can save on your insurance.