Cutting Insurance Costs - Clear Progress

Cut your Insurance Costs

Insure the home, not the land. The purchase price of a home includes both. For example, if a $120,000 house sits on a parcel worth $20,000, you should pay insurance on the value of the house, or $100,000.
Shop for the best deal. Check with at least three insurers. Ask friends or colleagues for recommendations.
Increase your deductible. Instead of paying the insurance company, start putting aside funds to pay for minor damage or the deductible in cases of major claims.