What to do – Probably most important first step you can take would be to order your credit report in order to view its accuracy and check for any glaring errors that could cause you problems or lower your credit score. A good credit score generally speaking is above 750. There are 3 companies that offer credit reports. TransUnion, Equifax and Experian. There is a slight cost however a new law allows consumers right to one free credit report every year. As of this writing only consumers on West Coast can enjoy this benefit. Mid-west states can start receiving their free credit reports around 1st of March 2005. For those of you that live in South expect to be able to order your free report starting 1 June 2005 and if you’re on East Coast you’ll unfortunately have to wait until beginning of September 2005 in order to claim your free report.

In order to save money on your homeowners insurance you have to consider several price determining factors. One of biggest factors is whom your insurance provider ends up becoming. You should consider shopping around in order to get as many price quotes as possible. Try to get at least three as a minimum. You can visit insurance companies directly; call them on phone or search for quotes online. Aside from price other factors you may want to ask about include customer service, complaint records and responsiveness.

Deductible - As with your auto insurance, raising your deductible can help save money on your homeowners insurance. The deductible is amount of money you have to pay toward a loss before your insurance company starts to pay a claim. Only consider a deductible amount that you can afford in case of an emergency. Remember you’re dealing with your primary residence so you want to be careful.

Multiple Insurance - In many instances most insurance companies want more of your business. With that in mind they sometimes offer generous discounts if you have multiple insurance policies with them. For instance your auto and homeowners insurance policies.

Housing Improvements – By making some improvements to your house allowing it to become more weather, earthquake and other natural disaster resistant you can lower amount you would have to pay on your house insurance bill.