Looking online for homeowners insurance quotes? Want to know where to get the best rates? Here's a simple guide that will show you how.

 

Comparison Shop

The best way to get the best price for anything is to comparison shop. And the best way to comparison shop for homeowners insurance is to go to an online insurance comparison website where you can get rate quotes from a number of companies all on one site.

Once there, you'll be asked to fill out a simple questionnaire so the companies can tailor your insurance to fit your needs. During this process you'll be able to include the type of coverage you want plus any discounts you're entitled to

Some of the better comparison sites even have an online chat feature that allows you to ask an insurance expert any questions you may have about homeowners insurance and what discounts are available. (See link below.)

If you want to get the cheapest homeowners insurance you'll need to get all the discounts you can. Here's a list of the biggest money savers:

1. Raise your deductible - This can save you up to 40% on your insurance costs. Not only will your premiums be less, but having a higher deductible will prevent you from filing a number of small claims which can cause you to lose your insurance.

2. Combine your insurance - Purchasing your homeowners and auto insurance through the same company can save you as much as 15% a year on your insurance premiums.

3. Install safety features - Most homeowners insurance companies will give you discounts for having burglar alarms, fire alarms, sprinkler systems, dead bolt locks, fire extinguishers, and smoke detectors.

4. Get a senior citizen's discount - If you're a senior, you can get a 10% discount from some insurance companies because they assume you have a tendency to stay at home and will protect your home from fire and theft.