Nowadays, low-cost homeowners insurance seems to be a thing of the past. With natural disasters like Katrina, and floods in California, many of the big insurance companies have had to pay out millions of dollars to homeowners. This has resulted in some hefty hikes in premiums for everyone across the country. Rates have become almost out of reach for many homeowners. Luckily there are ways to find homeowner’s insurance that won’t break the bank.First, go online. Most companies have websites that will give you free quotes within minutes. All you have to do is answer a few simple questions online. A quick search will net you dozens of local companies as well as the bigger conglomerates that will give you a free quote. This will take a bit of time but will be well worth it.You will probably get the most bang for your buck at a local company, rather than a big well known company. Call a company that is local and let them know what you’re looking for. Show them the quotes you’ve received; they may be able to match it, or give you a similar rate. When you go with a local company, you can forge a relationship with the agent and get your questions answered quickly. They may even drop by your home for a more personal touch. You won’t get that kind of service with a big company.A good credit rating will ensure a good rate, so know what your score is before going for a quote. The higher your score, the lower your quote is going to be. Also, only insure the absolute minimum; don’t go for all the extra bells and whistles that you don’t need and that will cost you more.There are things you can do that will help reduce your rate. Companies will give you a substantial reduction if you move all of your insurance needs over to them. When you combine car, health and home insurance, you can be assured of getting a better rate. Also, consider installing a security system with direct access to fire and police services. Security cameras are also effective in reducing your rate. There is less chance of theft, and when you have direct access to a fire station, they can respond quicker to emergencies, cutting the risk of your home being completely destroyed. If it is financially feasible, you can also raise your deductible. The more you can pay, the cheaper your insurance rate will be.Finding cheap homeowners insurance is not a difficult task. But it does take some time to compare companies and quotes. Find an insurance company and an agent that you trust. Make sure you get all of your questions answered fully and don’t sign anything until you understand all of the fine print.