The best way to reduce your homeowner's insurance premiums is to

Question

Quizplus · Accepted Answer

Increasing deductibles is a common strategy to reduce homeowner's insurance premiums. By agreeing to pay a higher amount out-of-pocket before insurance coverage begins, the insurance company assumes less risk, which can result in lower premiums for the homeowner. Options A, B, and D could significantly reduce the protection of the homeowner, potentially leading to severe financial consequences in the event of a claim.

The Best Way to Reduce Your Homeowner's Insurance Premiums Is