Your home insurance may be one place you can lower costs and save some money in this tight economy.
One of the best ways to save is by doing some shopping for quotes and find the lowest premium.
Many people, however, don't want to take the time to shop or aren't sure how to begin.
Here are some easy ways to get quotes.
First, have your current homeowners insurance policy available so you know what kind of coverages, deductibles and endorsements are in it.
Then try to get at least three quotes from different companies to give you a good comparison.
Here are three of the most convenient ways to get quotes.
1) Through the Internet -- Check out the Web sites of various insurance companies for online quote forms.
Simply fill out the forms (using your current policy information), submit and wait.
For an even more convenient method, use an insurance comparison Web site.
Typically, you complete one quote form which then is distributed to several companies and agencies for competing quotes.
2) Call an agent or broker -- You can use the phone book to look up an agent or broker in your area and get quotes.
Independent agents and brokers usually have access to several companies and will work to find you the lowest quotes.
A captive agent is one who works for a single company.
Of course you can also call your current agent or company and ask if you can get a lower quote.
3) Call direct -- Many home insurance companies offer customers the ability to quote and buy directly over the phone, without having to use an agent.
Check the Web sites of various companies for their toll-free number, or look in your phone book.
You can also get a list of insurance companies that are licensed to do business in your area by visiting your state insurance department's Web site.
Whatever method you choose, it shouldn't take too much of your time and could save you hundreds of dollars per year.