As building supplies and labor costs increase so does the cost of repairing or rebuilding a home.  In turn, this is also causing homeowners premiums to increase.  With this in mind I thought we would list some ways you may be able to save on your homeowners insurance premium.  We have also included a short video.

1. Bundling your homeowners insurance along with your auto insurance and/or life insurance can save up to 30%.
2. Discounts are often given for being a member of an association.  Be sure to ask your agent if there is a discount available for any association that you are involved with.
3. Improving security in your home will give you peace of mind, and it may also get you a discount on your homeowners insurance.  Be sure to check with you agent to see if you can get a discount for any home security system that you may have.
4. Minimize your losses.  The biggest factor in your homeowners insurance rates is your loss history.  Some losses cannot be avoided but take a look around your home to see if there is anything that you can do to reduce the risk of a loss.
5. Raising your deductible can significantly decrease your premium.  Raising your deductible from $500 to $1,000 could save you as much as 25% on your premium.
6. Utilize an independent agent.  Have you local independent agent check the rates with other carriers ever 2 or 3 years.  This will help you to make sure that you are getting the best deal that you can on your home.