Cheapest Home and Auto insurance

Getting the cheap homeowners insurance is not as difficult as you might think. With a little forethought and planning you can get a great deal. Here are some simple tips you can use to help you get the most coverage at the lowest price from any company you choose. If you're renting, see our guide to getting cheap renters insurance.

• Compare Insurance Quotes from Multiple Companies

Shopping around for the best policy and the cheapest rates can save you a great deal of money on your homeowners insurance. Keep in mind that the policy details change from one company to another, and beware low premiums that are the result of reduced coverage. You should consider reviewing homeowners insurance rates at least once each year, but every 6 months is better and also after any major life event such as getting married or after making any major home renovation. After getting some rates from different insurers, take a look at their financial ratings and read insurance reviews to get a better overall view of how the company will be when you need them most.

• Review Your Policy

As mentioned above, you should review your policy at least once a year. Over the course of a year, many changes can take place. You may have switched jobs, the value of your home may have changed, the value of your possessions may have changed or you may have purchased more valuables. Reviewing your policy to ensure you've selected the right amount of coverage can help you find ways to save money.

• Ensure You Have the Right Amount of Coverage

The amount you paid for your home is not the same as what it would cost to rebuild your home in the event of a catastrophe. Also, the land that your home sits on doesn't have any risk of being burned down or stolen. When deciding on the amount of coverage you need, be sure that you're only including the actual value of your home.

Ensure You Have the Right Policy
Not all home insurance policies provide the same coverage, especially if they are through different companies. Carefully read through the policy coverage, terms and exclusions. It's possible that there is coverage you don't need which can save you money up front or coverage not included that you should add which can save you money if you ever need to make a claim.

• Increase Your Deductibles

The deductible is the amount of money you have to pay out of pocket before the insurance policy goes into effect. The higher your deductibles, the cheaper your insurance rates will be, and vice versa. Be careful not to make your deductible so high that you cannot afford to pay them, but keep them as high as your household budget will allow. Raising your deductible to $1, 000 could save you as much as 25%. You should also double check your policy to see if you have multiple deductibles. Some areas that are more prone to disasters may have another deductible for a specific disaster.