How Homeowners Are Cutting Insurance Costs in 2026

The single biggest discount most carriers offer is the multi-policy bundle. By placing your homeowners and auto insurance with the same company, you can typically save 10–25% on both premiums simultaneously.

The catch is that not every company offers the best rate on both products. That is why comparing bundled quotes from multiple carriers matters — a company that is 15% cheaper on home may actually cost more combined once you factor in auto.

Moving from a $500 deductible to a $1,500 deductible can reduce your annual homeowners premium by 15–30%, depending on your state and carrier. The logic is simple: you are self-insuring smaller losses in exchange for a lower annual cost.

Before making this change, make sure you have an emergency fund that comfortably covers your chosen deductible amount. This strategy works best for homeowners who have not filed a claim in several years and have stable savings.

Carriers rarely volunteer discounts you do not specifically ask for. Common ones that are frequently overlooked include:

• Claims-free discount — reward for not filing claims over 3–5 years
• Home security discount — for alarm systems, smart locks, or monitored systems
• New roof or home improvements — updated roofs, electrical, or plumbing can lower risk
• Loyalty and autopay discounts — especially if switching from paper billing

Call your current carrier and ask them to run through every discount you may qualify for. Then compare that updated quote against competitors.

Insurance loyalty rarely pays off. Studies consistently show that consumers who shop their coverage annually save an average of $400–$800 per year compared to those who simply auto-renew.

Carriers regularly adjust their pricing models, and a company that was cheapest three years ago may no longer be competitive in your area. Getting multiple quotes takes about five minutes and costs nothing.