Video — 7 Ways You Might Reduce Home Insurance Costs

Here are seven quick tips that might help reduce your home insurance costs. One. If you're still shopping homes, consider size and materials, square footage, and building styles do affect premiums. Two. Consider neighborhood costs including crime rates, floodplains and natural disaster. Three, review deductibles and coverage amounts. If you can afford a higher deductible, you may get lower premiums. Four. Maintain good credit. It's likely to help lower your rates. Five, consider security features such as cameras, alarms, and smoke detectors. Six. Pay attention to little things. Even the breed of your dog can affect premium rates. Seven - Shop premiums aren't identical between companies and your situation may fit one policy better and lower your. Review your policy on a regular basis. Just because the cost is rolled into your monthly mortgage doesn't mean you should ignore it.