As with car insurance, there are many discounts that you can receive off the price of your home insurance premiums. One of the biggest mistakes that homeowners make is simply not asking for the discounts. There are so many that people qualify for, and they may not even realize all of the different discounts that their homeowners insurance company may offer. Here are some that you may not have considered before and may be well worth your time and effort in calling your insurance company and asking them for these discounts.

You can receive a discount on your homeowners policy if you are retired or are a senior citizen. You could receive as much as 10% off of your premium. The insurance company considers these discounts because retirees have more time on their hands and may take better care of their homes. They are also physically at their homes more than those who work. So, they are there to spot trouble or help if needed before a situation turns into a large insurance claim.

Another simple way to earn a discount on your home insurance is to stay loyal to your insurance company. Most insurance companies reward people who keep their coverage with a particular company for more than three years. The longer you keep your business with the same company often results in an increasing discount. You can also find significant savings by purchasing your home and car insurance through the same insurance company. This can often dramatically increase both sets of insurance policy premiums.

Many home insurance companies provide discounts to their customers after they install deadbolt locks, burglar alarm systems, and smoke and carbon monoxide detectors. While the discounts for each of these items are small when added separately, they can quickly add up to 15% or 20% if they are added together. Another way to save on home insurance and health insurance is to quit smoking. Smoking and unattended cigarettes account for approximately 23,000 fires each year. Your insurance company may offer you a discount if you have a smoke-free home. Adding all of these discounts together can quickly add up to serious savings.

Many of these policies may be applied by your insurance company automatically. But, some may require you to call and ask for these to be added to your policy. It can pay you significant dividends if you read your homeowners insurance policy, look for the discounts that have been applied to your account, and ask for those that have not.