There is no single trick that halves a home insurance bill, but several small changes can add up. Here are the ones that make the most difference for most homeowners.
1. Compare before every renewal
Insurers price the same home differently and change their pricing over time. Checking other rates once a year is the simplest way to know whether yours is still competitive.
2. Review your deductible
Raising your deductible from $1,000 to $2,500 can lower your premium noticeably. Only do it if you could comfortably pay that amount after a loss.
3. Bundle policies
Many insurers discount home and auto insurance bought together. Compare the bundled price against separate policies, because the bundle is not always cheaper overall.
4. Ask about protective device discounts
Monitored alarms, smoke and water leak detectors, and smart shutoff valves can earn discounts. Ask what your insurer needs as proof.
5. Update your roof details
A newer or impact-resistant roof can lower your premium significantly in some states. Make sure your insurer has the right roof age and material on file.
6. Avoid small claims
Small claims can affect your price for years. For minor damage close to your deductible, it can be better to pay yourself.
7. Check your dwelling limit is right
Your dwelling limit should cover the cost to rebuild, which can be very different from what your home would sell for. Too low leaves you underinsured; too high means paying for cover you cannot use.
8. Ask for a loyalty or claim-free review
If you have been with your insurer for years without a claim, ask whether any loyalty or claim-free credits apply, and mention any lower quotes you have found.
Discounts and their size vary by insurer and state. Not every homeowner will qualify for every discount.
More guides
- How to Read Your Home Insurance Renewal Notice (and What to Check)
- How to Compare Home Insurance Quotes Like for Like
This guide is general information, not insurance, legal or financial advice. Coverage and pricing vary by insurer and state.