You'll likely reduce your home insurance if you take time out to review your home insurance policy at least once a year or whenever things change in your home.
The Persian rug Aunty Molly gave you might not really be worth the $10,000 you insured it for.
If it's now worth less, you'll then do the sensible thing: Reduce your coverage accordingly and get lower rates as a result.
However, bear in mind that doing this could also reveal that it's now worth much more and therefore demand that you increase your coverage.
Whichever way it goes, your best interest is being protected in either savings or maintaining adequate coverage.
You may be paying a lot more if you have a government homeowner's insurance policy.
It used to be extremely difficult to find insurers if you lived in certain high crime areas or places that were affected by certain natural disasters.
Most folks in those regions had just one option: Government homeowner's insurance sold by a government agency.
However, at the moment, there are a number of private insurers who also provide coverage for such areas.
Yes, government homeowner's insurance may still be your best option depending on where you live.
However, this is not always true as you may get better coverage at a lower price from some private insurers.
Visiting quotes sites for comparison shopping could help you pay far less in home insurance or determine if what you're paying now is the lowest rate possible for your profile.
Using at least three quotes sites increase the chances that you'd realize bigger savings on your home insurance policy.
I recommend that you use not less than three quotes sites as that will make it less likely that you'll miss out offers not presented by the other sites.