Given the recent rise in home insurance costs home owners are looking very troubled. People these days are looking at ways they can reduce these costs. Unfortunately not many people know the basics of home insurance which is why they end up making mistakes and paying more. If you just knew the basics of home insurance you could save a lot of money. Here are a few tips to help you lower your home insurance costs.Look AroundThere are plenty of deals out there which is why you shouldn’t just pick the first one you are getting. Look around and try to get the cheapest coverage options available. This may seem like a time consuming process but if you want to lower your home insurance costs this step is necessary.Customer DiscountsYou may not know this but there are special customer discounts available for those customers who have claim free histories. Discounts are also offered to loyal long term customers. You should talk to your insurance agent to find out if you qualify for a homeowner’s discount.Don’t Buy Extra CoverageA lot of people spend more than they should on home insurance. This involves buying coverage that you don’t need. Don’t get insurance against risks that you are never going to encounter. For example: you should avoid getting earthquake coverage in a earthquake free zone.Increase Your DeductibleDeductible is basically the amount of money that you pay when you make an insurance claim. This is a small fee that you have to pay before the insurance kicks in. By increasing the amount of money you pay as deductible you can lower your insurance premium. A high deductible fee also indicates that your claim is likely to be genuine and requires immediate attention.ConclusionThese were some of the tips from the experts that you can use. If you follow these tips you should be able to lower your home insurance costs considerably.