How to lower your house insurance premiums

Published: Monday, Sept. 24 2012 10:41 a.m. MDT

Homeowners can directly influence the cost of their house insurance by minimizing risks, said Trent Hamm, a guest columnist for the Christian Science Monitor.

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Many homeowners aren’t taking advantage of tips that could save them money on house insurance. Homeowners can directly influence the cost of their house insurance by minimizing risks, said Trent Hamm, a guest columnist for the Christian Science Monitor.

Insurance companies take into account the likelihood that your home will face a disaster and implement prices based on these risks.

One way homeowners can reduce cost is to install security measures like deadbolts, smoke alarms and other systems that quickly report to emergency services when triggered.

Working exclusively at home could also result in some savings. Homeowners who are home more often have a higher likelihood to divert a burglary or other crisis, though they may have to ask the insurance company for a discount in order to get it.

Smoking greatly increases the potential for a house fire. Because of this, insurance companies offer better rates to non-smokers.

EMAIL: sparker@desnews.com

TWITTER: @SeanRParker

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