Homeowners insurance is something you need to have, but the prices on policies can vary by hundreds of dollars. Here are some tips for finding the best homeowners insurance for your needs.

1.    Shop around. You should ask friends and family who already have homeowners insurance, check consumer guides, online rate quotes and insurance agencies at least. This helps you understand what kind of price ranges you’re looking at. However, you should also consider service in addition to the price. Additionally check how stabile the companies are financially.
2.    Pay a higher deductible. It’s simple, the higher your deductible the lower your premiums.
3.    Bundle your policies. If you can buy homeowners, auto and liability coverage from the same provider you can save up to 15% off your premiums.
4.    Build your credit. The better your credit, the better your rates.
5.    Be loyal. Many insurers reward customers that stay with them over the years with discounts on premiums.

Once you narrow your search down to 3 companies ask them for quotes. And make sure to compare each of the prices and levels of service before deciding which company to use.