If you have ever been the victim of a home burglary episode or had a fire tear through your residence and damage property in the process, you know how important it is to have homeowner's insurance. There's nothing like the feeling of relief that can flood your body when you file a claim with your agent, and they let you know that everything is going to be covered. You love having the protection, but the price might be a bit more than you can handle. Follow these steps, and you should be able to drive that premium down very quickly.

1. Install An Indoor Sprinkler System

Insurance basically works like this:  The less risky you are, the lower your rate will be. Regardless of how complicated you might think insurance is it really is that simple. For instance, if the zip code where your house is located happens to be a low crime area, you can usually expect to pay less for your premium than someone who resides in a community that is known for thefts and burglaries. It's all about doing what you can to keep the property out of harm's way so that you won't need to file so many claims and cost the insurance company a lot of money.

One way to decrease your risk is to install an indoor sprinkler system. Having a smoke detector is one thing, but the indoor sprinkler system takes it to another level. The sprinkler system has built-in sensors that can detect if there is smoke in the house. When the smoke reaches a certain threshold, the sprinklers will immediately release water into the room where the threat seems to be coming from. This act alone can save the insurance company a ton of money because if you happen to be out when an electrical fire sparks up and it is not put out immediately the flames could end up ravaging the entire building.

2. Install A Privacy Fence

Having a fence is just a good move all around. It marks the beginning of your property and the end of the neighbor's, and also keeps people from wandering onto your lawn and potentially hurting themselves. This cuts down on your liability risk, and the insurer might reward you for it.

Maintaining homeowner's insurance is a key way to protect your financial future. Make the investment by applying these suggestions and call up your insurance agent with the news so you can have your rate adjusted. For more information, contact a company like Oliveira Insurance Agency.