When you shop around for home insurance make sure you update yourself about the exclusions and inclusions in different types of policies. Online sites offer plenty of information on insurance companies offering quality service, and fair prices. Forums and consumer guides provide information on the right type of home insurance policy, and insurance companies that offer reasonable prices.
You can expect low rates if your house is well equipped with safety and security devices such as fire alarms, fire sprinklers, smoke detectors, burglar alarms, closed circuit cameras. If your house is located close to a fire station the chance of it being destroyed completely by fire is less, this is taken into consideration when determining the rate on premium.
Retired individuals who stay at home are likely to receive discounts from insurance companies. With retired individuals spending most of their time at home the risk of burglaries is less, as a result the rates charged on home insurance are low.