If you are located in a high risk area and bought insurance through a government plan you should seriously check with an insurance agent. In most cases you will discover steps you can take to buy insurance at a discounted price in the private market.
Increase Your Deductible
The higher you set your deductible, the more money you can save off the premium. A deductible is the amount of money you pay on a loss before your insurance company pays for a claim. Currently insurance companies recommend a minimum deductible of $500. Ask your agent how much you would save if you went with a $1000 deductible.
If your house were to completely burn down, you would still have the land. Your agent will be able to help you calculate replacement cost of the house.
Consider purchasing auto and homeowners insurance from the same company as most companies will give a multi-line discount.
Many insurance companies will give a discount for smoke detectors, burglar alarms and dead-bolt locks. Some companies will also give a discount for sprinkler systems.
This is just a sample list of how you can save when obtaining a home insurance quote.
To find a local insurance agent offering a home insurance quote visit InsureMyHouse.com at http://www.insuremyhouse.com/
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InsureMyHouse.com provides consumers with an online homeowners insurance agent directory sorted by state and zip code.