Combining your insurance policies with one single provider not only makes it easier to manage from a contact perspective, but you might also qualify for additional discounts because you are bringing more business to the same insurance company.

Your deductible is the amount you as a policy holder agree to pay against any claim before any payments are made by your insurance provider. Raising your deductible signals that you are prepared to accept greater risk when it comes to a home insurance claim and will automatically bring down your premiums, saving money on a month basis.

It's not so much the size of an insurance claim but the number of insurance claims you make that affects your profile from a home insurance providers perspective. Insurance companies tend to penalize individuals who they perceive as making unnecessary claims by giving them a higher insurance quote. So make sure you properly assess whether it's worth making an insurance claim before contacting your insurance company.

When applying for a quote for home insurance, make sure you don't include the cost of the land in your home value. You can never really claim anything on the land and leaving it out of the home value substantially lowers your premiums.

Safety measures like cameras, an alarm system etc. not only help protect your property, but they signal that your property is protected and could potentially lower the associated insurance premiums. Installing a proper sprinkler system against potential fires, installing smoke and carbon monoxide detectors and/or updating electrical circuitry are all great ways to increase safety measures of your home.

Everything from being a senior, making improvements to your property and owning your home outright can be the source of a discount on your house insurance. You may also get a discount by combining your home and auto insurance. Make sure you ask your insurance provider for any discounts you may qualify for.