LITTLE ROCK, Ark. (KTHV) -- Home insurance costs seem to go up every year. But going without insurance is too risky.
Here are 10 ways to control your home insurance costs from Yahoo! Homes.
Increase deductibles - Set your deductibles as high as you can afford as insurance isn't meant to cover the small stuff. You could try having a deductible that is 1 percent of the cost of your home.
Make improvements - Install surge protectors, smoke and carbon monoxide detectors. Also check to see if your roof needs improvements.
Hip roofs - These types of roofs have the best slippery shape in high wind settings or storms.
Pick a good location - Avoid areas that are flood prone. If you are looking in a high wind area, look for stone or brick homes. If you're in an earthquake area, look for wood frame houses. Also an area with a professional fire department is good. Always get a home inspection.
Don't make small claims - These can drive up rates. Insurance is meant for huge losses, save it for then.
Reinforce your home - Install storm shutters, reinforce the roof, retrofit older homes for earthquake resistance, and modernize heating, plumbing, electrical to reduce risk of fire and water damage.
Improve home security - Add smoke detectors, burglar alarms, and deadbolts.
Exclude land value - It's unlikely the land beneath your home will be stolen or burned in a fire. Insure the value of the home only.
Combine policies with one insurer - Most insurance companies offer discounts for multiple policy households. Combine home and auto insurance. Then buy an umbrella liability policy over both to optimize cost.
Eliminate unnecessary coverage - Don't buy coverage you don't need: earthquake coverage is unnecessary in most zones; don't schedule jewelry if it's inexpensive, etc.
Also talk to your agent about discounts. You may be able to get one for being a good driver, retirees, or good credit.
Be sure you have enough insurance. Paying attention to your home insurance can ensure that you have the optimal coverage with the right risk/cost balance. That's smart.
(Source: Yahoo! Homes)