House insurance is something that homeowners need, and you should ensure that your policy is up-to-date and adequate. It's definitely something that shouldn't be put off to a later date. Here are a couple of tips which may help to reduce your rate:
Install safety devices Many insurers offer discounts of about 5% to homeowners who add smoke alarms and dead bolts to their homes.
Join the (block) party! Some insurers also offer discounts to homeowners who are members of their local neighbourhood watch. For more information, call your local police department.
Boost your deductible Increasing it from $200 to $1,000 may save you 25% on annual insurance costs. The average person files a claim on average of every 9 years so you may be better off stashing the amount of your deductible in an interest-bearing savings account.
What do you do to reduce your house insurance rate?
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