1. A CLUE (comprehensive Loss Underwriting Exchange) report is essential for all home buyers. You will save because you will know things that'll make you spend more for a home insurance coverage if you buy the house in question.

If a house is in a town that has just a volunteer fire service, you will attract more expensive rates. How far away the nearest police station, fire station and/or fire hydrant are will also affect how much you'll pay.

Obtain such vital details before paying for a house. The little savings you made on a home purchase might become insignificant when compared to the premiums you'll pay in a few years.

2. Having a smoker in your home will raise your premium considerably. And reports have it that over 23,000 residential fires every year are caused by smoking.

Non-smoking homes spend less than households with smokers. For folks who smoke, note that you're eligible for a downward review in your rate once you've quit smoking for more than 12 months.

Unless your insurer is among the few that do NOT consider smoking as a factor in determining your rate, change to another insurer if your rate is not lowered after this.

3. You will lower your home insurance premium by up to 15% if you change to modern heating, electrical and plumbing systems. For instance, the old school fire place may be more romantic but it's nevertheless not as safe as a modern heating system.

Progress has been made in home building technology. You'll in addition to being a lower home insurance risk, often make your house worth more in the marketplace.

4. You might be surprised to hear that you might not know half the discounts that you could easily qualify for. If you do not know something exists you can't prepare yourself to benefit from it. Can you?

Tell your home insurance agent to tell you every discount possible and what you can do to benefit from them. More often than not, you will be pleasantly surprised at the amount you'll save with unadvertised discounts.

5. You do NOT really have to insure your home against every peril. There are perils that will never happen in some places. Knowing the climate trend of a place, you can say with a level of assurance the kinds of perils that can happen.

It is truly good financial advice to purchase coverage for any peril that has a good possibility of happening. Buying insurance for a peril that has never happened in a state can be rightly seen as a waste.

Settling for the right perils will make you buy only coverage you need. You will lower your premium by doing this if you purchased more than necessary initially.

6. A neighborhood watch will make your neighborhood safer and therefore result in less expensive rates. Let your home insurance agent know if there is one in your neighborhood.

And, if you don't have If this is non-existent in your area, you can organize and start one as soon as possible. Everybody in your community will stand to benefit as this will lower their home insurance premiums.

7. A home without fire escapes isn't quite as safe as a home should be. Does yours have them? If you say "yes" then ensure that your agent is aware of it as it should get you a small discount.

And don't fail to tell your agent even if yours are as simple as rope ladders for rooms in the upper stories of your home. Folks who don't have these will attract cheaper rates if they put in place the right kind and number for their home. Ask your agent to find out what makes you eligible for such a discount.

8. You could save some hundreds of dollars by just getting and evaluating quotes from a minimum of five quotes sites. It's free, quick and easy.