How to lower your homeowners premium

Ask the company, in writing, for the declarations page, the replacement-cost estimate, and which rating factors changed from last year. A statewide filing and a change in your house are different causes. The worksheet is the page that separates them. [26][23]

Triple-I said structural replacement costs had risen nearly 30% over five years as of December 2025. If the new Coverage A limit is wrong — square footage, year built, or materials — correcting it is a real premium change. Guessing a rebuild number to force the price down can leave a coinsurance or underinsurance problem at a claim. [23]

Needs verificationRaising a flat deductible, or accepting a percentage wind or hurricane deductible, usually lowers the premium because you keep more of the loss. Read the declarations page for whether the wind or hurricane deductible is a flat dollar amount or a percentage of the dwelling limit, and turn that percentage into dollars before you treat the lower premium as savings. [27]

Wind and hail were 42.5% of homeowners incurred losses in the 2023 ISO tables Triple-I republished, and those tables exclude Texas and Alaska. A new roof, opening protection, or defensible space can matter to an underwriter in a wind, hail, or wildfire ZIP code. The credit, if any, is company-specific. Ask for it in writing on the offer. This site does not publish a universal percent off. [22]

A FAIR plan, Citizens, or a wind pool is for people who cannot find coverage. It is often narrower than the policy being replaced. Read the residual-market note on your state page before you treat it as a bargain. Complaints about a renewal or a missing reason go to the state insurance department. [28][27]