After buying your home, getting the right home insurance policy is the next biggest thing. An unfortunate event can quickly leave you in a financial hole unless you’re properly protected. Having said that, there are still ways to save on homeowner’s insurance without compromising on coverage, in fact up to 60%.

Follow these tips to a better home insurance experience.

Shop around by using a third-party comparison site such as InsureMe or netQuote. They offer free non-bias quotes for you to choose from. The more quotes you get, the more likely you are to find the best deal.

Raise you deductible as much as you can. This can bring you savings of up to 30% and reduce your monthly payments. But make sure you can afford the payout without going into debt if the situation should arrive.

Secure your home with relatively inexpensive devices like dead-bolt locks, burglar alarm and smoke detectors for a 5% discount. For further savings of up to 20% more sophisticated monitoring systems can be installed such as a sprinkler system. But before you make any security improvements find out from your home insurance company just how much you will save in return.

Combo discounts can usually be had if you purchase two or more policies from the same insurer. Many companies that deal in home insurance also offer auto, life and health as well. Combining any of these with your homeowner’s insurance should reduce your premium by 5 to 15%.

Home improvements that deduce the risk of fire or water damage such as upgrading plumbing, heating and electrical systems will also garner you savings.

Furthermore, you can weather proofing your home against natural disasters by adding shutters and fortifying your roof.

Good credit is frequently used by insurers to calculate premiums. Those with good credit based insurance scores will financially benefit form it.

Annual inventory of person property will remind you of any items that have greatly depreciated or are no longer owned by you which need to be eliminated from your policy.

One last thing; if you’re insuring a previously owned home, have your insurer check the CLUE and A-PLUS database for the history of claims made. Carefully verify that all repairs have been properly fixed. In doing so, you are guaranteeing the experience in your new home will be a good one.