Home insurance is one of the significant costs associated with owning a home. Before you know it, these costs can add up quickly, and you may want to ensure you save on these expenditures to keep money in your pockets. Did you know that there are some easy ways to lower your home insurance costs? Continue reading as we share four ways to reduce your home insurance rates.

Improve Your Credit Score

Your house insurance rates could be higher if you have a low credit score. That’s because most businesses use credit scores to calculate premiums in most states. If your insurer determines that your credit score is too low—for example, below 630—you could have to pay higher premiums. Read your credit report carefully to look for any inaccuracies if you discover your credit score is low. Pay your bills on time and keep your credit card balances low if you want to increase your credit score.

Eliminate High-Risk Amenities

Attractive nuisances are features, such as trampolines, swimming pools, and playground equipment, which are attractive to children and can injure them if they play on them. Even if an “attractive nuisance” is fun to have on your property, you may need to get rid of it to reduce the cost of your home’s insurance. If your insurer finds out about an attractive nuisance on your property, they may consider it a liability risk and increase the cost of your policy.

Combine Your Auto and Home Insurance

To help you save money on your home insurance, some insurers will give you a significant discount if you combine your auto and home insurance. Check with your insurer if they provide any such bundle discounts. If yes, request more details of this program before applying, as it may vary from company to company.

Compare Prices

You can save hundreds of dollars a year on your home insurance by comparing rates from different companies. Some businesses offer tools on their websites that let you enter some simple details and get instant home insurance quotes. You can also request an independent insurance agent or broker to help you compare rate quotes.