Published: June 2025
Homeowners insurance may be a must-have but that certainly does not mean that you have to spend an arm and a leg on it. In 2025, U.S. national premiums have been going up due to inflation and other reasons such as natural hazards and the rise of building costs. There is a silver lining, however, as there are still ways to lower your insurance bill.
Let’s find out lower the rate of your homeowners’ insurance premium without shedding the coverage through the following practical ways.
✅ 1. Shop Around and Compare Quotes
The same insurance policy may cost $1,800/year by one company and $2,500/year by another because of the different views of risk by insurance companies.
Hint: To acquire quotes from 3 to 5 providers, you either can enter the comparison tools or hire an independent insurance agent.
✅ 2. Increase the Deductible
Deductible is the amount of money you have to pay from your own pocket before your insurance takes the responsibility. A higher deductible means that you will have to pay less each month for your premium.
| Deductible | Monthly Premium |
|---|---|
| $500 | Higher |
| $1,000 | Lower |
| $2,500 | Even lower |
✅ 3. Bundle Your Policies
Most insurance companies often give discounts between 15% and 25% to those who are taking both home and car insurance.
an example is: People who have GEICO for auto can also choose the company for their home insurance so they will be able to get the same advantages and save hundreds of dollars annually.
✅ 4. Improve Your Home’s Security
Accomplishing the task of fitting in more protective devices with your insurer’s help makes it cohesive to them that the risk of your property has lessened, so, in return, they can offer you discounts.
Consider installing:
- Smart smoke detectors
- Burglar alarms
- Deadbolt locks
- Video doorbells (Ring, Nest, etc.)
✅ 5. Avoid Small Claims
To your surprise go down the frequency of small claims as they are the ones that are prone to up raise the amount of your premium. If the harm suffered is insignificant (below or near your deductible), think about financing the expense.
✅ 6. Ask About Hidden Discounts
There are a lot of people who are eligible for the discounts they don’t even know about. So, call your provider and ask for the discounts related to the following issue:
- Claims-free discounts
- Senior citizen or retiree savings
- Loyalty rewards for long-term policyholders
- Smart home device discounts
- HOA or gated community savings
✅ 7. Maintain a Positive Credit Score
Indeed, in the majority of states (except CA, MA, and MD) of the US, the credit score is able to change a homeowner’s insurance premium price.
Ways to have your credit better:
- Paying bills on time
- Reducing credit card balances
- Monitoring your credit report for errors
✅ 8. Review and Adjust Coverage Annually
Your property’s value as well as your items in it change with time and the same should happen to your cover thus always be aware and assured.
Ensure that you are not over-insured for personal property or that you have obsolete recover values.
✅ 9. Install a New Roof or Upgrade Wiring
- The condition of your home also lessens hazards and allows for the fall of your premiums.
New roofing can result in a decrease in price of 10–20% - Upgraded plumbing/electrical systems mean that the risk of fire/flood is lower.
Homes with wind- or hail-resistant roofing can get you an extra discount in the state of emergency.
✅ 10. Join a Group Program or Union
It is possible that some employers, alumni associations, or professional groups may provide a discount on insurance as they have an association or partnership with the insurance companies.