Homeowners insurance discounts | finder.com
HomeInsuranceDiscounts_GettyImages_250x250-compressor

Home insurance deals and discounts

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

If you’re paying full price for your coverage, it might be time for a change.

You need homeowners insurance to protect your investment against the unexpected. But you might not need to pay full price.

What types of discounts can I get on home insurance?

Before choosing an insurer, check if you’re eligible for a:

  • Multi-policy discount. Taking out multiple policies with the same insurer, like homeowners insurance and car insurance, can help you save.
  • Online discount. Buying your policy online and going paperless with e-mail or online bills can net you a discount with some insurers.
  • Loyalty discount. Whether it’s increased discounts at each policy renewal or straightforward reduced prices after a certain amount of time, you can save more money by sticking with the right insurer.
  • Security system discount. Installing a monitored home security system can help you save on your premiums.
  • No-claims discount. As with other types of insurance, you can receive a discount if you haven’t made a claim for a certain amount of time.
  • Gated community discount. If you live in a gated community or a community with active security, the lower crime risk can translate to lower premiums.
  • Non-smoker discount. Not smoking reduces your risk of lung disease — and house fires.
  • Impact-resistant roofing discount. Installing an impact-resistant roof can help you save with most home insurers.
  • Safety sensors discount. You can get discounts for installing advanced smoke, water and gas sensors.
  • Mature homeowner discount. If you’re retired or over 55, you might be eligible for an extra discount.
  • Upfront payment discount. You may be able to score an extra discount by paying for a full year of insurance at once instead of paying monthly.

Compare homeowners insurance policies with discounts

Name Product Flood coverage Fire coverage Storm coverage Replacement options Available states
Progressive home insurance
Progressive home insurance
Replacement cost, actual cash value
All 50 states
Protect your home and auto insurance with Progressive to save a bundle.
Replacement cost, actual cash value
All 50 states
Protect your home and belongings and save even more by bundling insurance with Allstate.
Replacement cost, actual cash value
AZ, CA, CT, DC, GA, IL, IN, MD, MI, NV, NJ, NY, OH, OR, PA, TN, TX, VA, WI
Enjoy straightforward pricing, transparent flat fee from this completely digital insurer.
Replacement cost, actual cash value
All 50 states
This online marketplace does most of the work for you, matching you with quotes from 12 highly rated home insurers.
Geico home insurance
Geico home insurance
Replacement cost, actual cash value
All 50 states
Save big with Geico's home insurance discounts and bundling, all with easy online management.
Actual cash value
All 50 states
Invest in affordable insurance that protects your home and your property from damage no matter where you live.
Farmers home insurance
Farmers home insurance
Replacement cost, actual cash value
All 50 states
Replacement cost, actual cash value
All 50 states
Enjoy great rates and wide coverage with USAA. Available to military members and family.
Nationwide home insurance
Nationwide home insurance
Replacement cost, actual cash value
44 states (available everywhere except AK FL HI LA MA NJ & NM)
Allied home insurance backed by Nationwide offers tons of discounts and one-on-one support from your local agent.

Compare up to 4 providers

How else can I save on coverage?

Discounts aren’t the only way to get a deal on your homeowners insurance. To save even more:

  • Choose a higher deductible. Many insurers will let you choose lower premiums for a higher excess or vice versa.
  • Avoid unnecessary claims. If a repair will cost less than your deductible, or even slightly more, you may be better off paying out of pocket and not filing a claim.
  • Weatherproof your home. Reduce your chances of needing to make a claim by making sure your home has suitable weatherproofing for your area and by fixing small maintenance problems before they become big ones.
  • Update your home. Modifications or renovations that make your home safer, like new electrical wiring or sprinkler systems, can help you save on your insurance.
  • Choose the right sum insured. Your total sum insured is the amount you could claim if you lost everything. If it’s too low you’re underinsured, and if it’s too high you’re paying too much. Have your home appraised before choosing an insurance policy to make sure you’re getting the perfect amount of coverage.

Bottom line

Many homeowners are eligible for multiple discounts to help cut down on the cost of homeowners insurance. If you’re ready to find a policy that fits your needs and budget, compare homeowners insurance companies to find the right one.

Frequently asked questions about home insurance discounts

Image source: Getty Images

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site