How do I lower my homeowners insurance premium?

Bundle your home and auto insurance with the same carrier for a multi-policy discount. Increase your deductible to lower your monthly premium. Install security systems, smoke detectors, and water leak sensors. Improve your home's roof, electrical, and plumbing systems. Ask about discounts for new roofs, loyalty, and claims-free history. Shop around and compare quotes from at least three insurers every year or two. Even small changes can add up to hundreds of dollars in annual savings.