One way of getting affordable homeowner insurance is to start paying your premiums annually.
This is a much better payment plan.
If you have chosen to pay your rates monthly then you should think again.
This is because for each of the payment you make monthly your insurer has to send you a notice.
Each of these notices sent to you carries a charge which your insurer has to pay.
This in one way increases their overhead.
You should also consider the fact that each check you send for payment of your rates attracts a transaction charge (as it is seen as a transaction by their bankers).
This means that for each check you send your insurer is charged.
So if you send 12 checks for a year, your insurers are charged for 12 transactions.
This also increases their overhead.
"So how does this concern me?" Well it does concern you because you will eventually pay for these charges over time.
You will do well to start making your payments yearly.
You will be amazed at the savings you will make.
If you have a poor credit history it is not very favorable if you must enjoy cheap homeowner insurance.
Having a poor credit rating could mean you do not pay your bills on time.
Insurers will thus see you as a high risk.
This is not good for you as you will only attract higher rates.
To get lower rates it is good you have an excellent credit rating.
Finally get and compare quotes online from home insurance quote sites.
Visit at least four quote sites to do a good comparison.
This is because insurers differ in their coverage plans and cost.
But you should also know that a very good quote (in terms of price to value ratio) might not necessarily be the cheapest.
You will do yourself a lot of good if you chose the quote with the best price to value ratio.
Are you ready to save on your homeowner insurance?