Everyone loves the idea of lowering their monthly bills, but many people can get discouraged if the methods necessary for achieving this goal take considerable time or effort. When it comes to your home insurance, the methods that you can use to reduce the amount that you pay don't have to be arduous. By knowing the right topics to discuss when you call your insurance representative, you'll often be able to reduce your premium and see a notable reduction in your monthly bill. Here are three changes that can help you save money.

Electronic Billing And Payment

If you've always opted for the traditional method of receiving your home insurance bill in the mail and paying it by sending a check or visiting the bank, you can often save money by using modern technology. Ask your company's rep about any deductions offered for electronic billing and payment. Many insurance companies will lower your rate if they can send you your monthly bill via email, which you can then pay through your online banking. The paperless approach is environmentally friendly, but if you need a copy of the bill for your accounting records, all you'll have to do is print the email you receive each month -- a small trade-off for a simple way to reduce your payment.

Backup Generator

Buying a generator is ideal for providing you with power in the event of a power outage, but the purchase of this machine can also reduce your home insurance rate by about two percent. The insurance company knows that by owning a generator, you're being a responsible homeowner who can reduce the risk of issues such as flooding; if you have a sump pump in your home, a generator will allow it to work even when a thunderstorm knocks out the power. Granted, two percent isn't a huge cost savings, but given the peace of mind that owning a generator can also provide, buying this tool is a smart investment.

Payment Schedule

Many insurance companies will provide you with a discount if you change your payment schedule so that you pay your entire premium once per year instead of in monthly increments. Provided you have enough money to handle this larger bill, this change is one of the easiest ways to save money on your home insurance. Even if you need to start saving now before you can implement this payment schedule change in the future, it's an ideal way to save money. Contact a local agent, such as AZBY Brokerage Inc, for more information.