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Michigan Farm Bureau Family of Companies

Tips to Lower Your Premiums

Ways to Lower Your Homeowner Premium 

As a homeowner, there are a variety of ways to save on your premium. Here's how you can ensure you're getting the best Homeowners insurance rates possible for the coverage you need. 

1) Raise your deductible 

A higher deductible on your Homeowners insurance could produce a lower premium. 

2) Upgrade and replace   

If you upgrade your home's electrical systems or replace the roof, let your agent know. These updates and safety improvements may qualify you for a Homeowner policy credit. 

3) Install safety systems 

Install safety systems like a central fire alarm, burglar alarm or sprinkler system. Not only will you make your home safer, but you can also qualify for a premium credit. 

4) Multi-Policy credit  

Insureds who have a Farm Bureau Insurance Personal Auto policy and a Farm Bureau Insurance Homeowners, Mobile Homeowners, Country Estate, or Farmowners policy receive a Multi-Policy Credit.  

5) Learn loss history 

Before purchasing a home, learn about its insurance loss history. If there have been past losses, be sure to inspect the home closely to determine if proper repairs were made. 

6) Insurance Score 

Maintaining a good rating could be to your advantage in lowering your premiums. The Farm Bureau Insurance Companies offer the [FB Advantage Discount] for homeowner and personal auto insurance premium discounts for eligible individuals. Learn more about this discount and insurance scores here.  


Contact your agent to check your discount eligibility for these cost-saving credits today.