Avoid This If You Want Affordable Home Insurance Rates...
Don't insure your home for the amount you bought it. Insure the home minus the land it's built on. You insure the home to get coverage from perils that could damage it or destroy it totally. Bear in mind that the land on which a house is built can neither be lost nor damaged. Remember to subtract the price of your land from the cost of your house when you apply for a home owners insurance policy. If you fail to do this you'll be buying much more coverage than is necessary. This translates to higher avoidable premiums.

Do This If You Want Affordable Home Insurance Rates...
You'll realize savings once in a while by just looking through your policy limits every time there are changes in your home or its contents. You need to do this not for savings but to be sure you always have adequate coverage. As much as it's advisable for you to have adequate coverage, too much coverage isn't smart either. Take an inventory of your valuables regularly and get their current market value. Even though doing this may mean increasing your floater sometimes (to ensure you have adequate coverage), it will also show you when to lower such floaters if certain items depreciate.

Don't Miss This If You Want Affordable Home Insurance Rates...
You can get savings of hundreds of dollars on your home insurance policy by requesting for insurance quotes from insurance quotes sites. The best method is to visit at least three sites and making sure that you input the same (correct) information about yourself. I recommend that you visit not less than three quotes sites because that will make it less likely that you'll miss out offers not given by the other sites. This gives you a broader basis for doing more extensive comparisons thus increasing your chances of getting more for less.