When shopping around for homeowner’s insurance, it is important to save as much money as possible. All recurring bills – like mortgages, utilities, or insurance policies – should be kept to a minimum so you don’t tie up all your monthly earnings. Plus, who doesn’t love saving money?

The good news it you probably already qualify for at least three discounts on your policy. We can say this because most people qualify for them. Ready to find out what those three discounts are?

1: Bundling

Bundling refers to the process of keeping multiple types of insurance on the same policy. The most common type of bundling is home and auto, which would mean there was only one policy which covered both your home and your vehicle. Since the insurance company is getting your loyalty (and more of your money each month) they are often willing to give discounts between five and twenty percent.

2: Automating Payments

Automating your payments means you give the company permission to take out their money each month on their own – you don’t have to actively pay the amount, just ensure it is in the bank account at the same time each month. Companies are willing to offer you this discount because they are assured they will be getting their payment in full each pay period.

3: Paid in Full

Most home insurance companies offer a discount if you choose to pay your premium in full, versus making monthly payments. This is a great option that can not only save you as much as 10% of the total cost of your policy, but also takes away the hassle of remembering to pay each month. Some companies allow you to pay in full and still automate the renewal of your policy, so you save twice as much.


Sometimes insurance companies will only allow you a certain number of discounts, while others will allow as many as you qualify for. This is the reason most people get quotes or “shop around” before deciding on a company.

If you’d like more information on how you can save money on your homeowner insurance policy, there are a lot of great resources like https://homeownersinsurance.net/ that you can find online. Talking to an insurance professional is also a great idea when you have questions that need to be answered.