How to lower your homeowners insurance rate

Progressive's HomeQuote Explorer® tool matches you with a trusted insurer and rate that's right for you. Whether you live in a downtown condo or a sprawling suburban suite, our extensive network of homeowners insurance carriers can help you get affordable and reliable protection for you and your property.

Increasing the amount of your homeowners insurance deductible on your dwelling coverage or personal property coverage may help you lower your rate. Savings can be significant, but you'll pay more out of your own pocket on an approved claim.

Some insurers offer a choice between a set deductible or a percentage of your policy's dwelling coverage. Choose whatever option brings down your rate — but understand that a percentage-based deductible might result in a large out-of-pocket amount if you have a claim.

Many insurers offer savings for combining homeowners and auto insurance. With Progressive, new customers who save bundling homeowners and auto policies save over 25% on average.^* Progressive also offers a multi-policy discount for combining a boat, motorcycle, or RV policy with homeowners insurance.

Progressive makes it easy to save by offering homeowners insurance discounts for simply paying your policy in full, quoting in advance, receiving your documents by email, and more.

Review your policy periodically to make sure your coverages and limits are appropriate. There's no sense in paying for coverage you don't need. For instance, cancelling the rider on a piece of art or jewelry that hasn't held its value can save you money. Lowering your personal liability coverage limit may also reduce your rate, although the savings may be small.

Check with your insurer to see if they offer savings for security alarms, smoke detectors, camera monitoring, or any other safeguard that could deter a claim.

Potential attractive nuisances, such as in-ground pools, treehouses, and trampolines, tend to increase your homeowners insurance rate. Eliminating or reducing these risks on your property can help you pay less for homeowners insurance.

Some home renovations and improvements increase your rate, but certain upgrades can help reduce it — especially if you live in an older home. See how certain home renovations could impact your rate.

Insurance companies may use your insurance score, along with your credit rating, as a predictor of future insurance claims. A good insurance score and credit history make you less of a risk and can lead to a lower homeowners insurance rate.

Your homeowners policy is there for you when the unexpected happens, but filing multiple claims can raise the cost of homeowners insurance.