Home insurance rates are on the increase. This makes comparing free quotes a must if you must enjoy top quality coverage at the right and affordable price. Many home owners would love to know why the cost of protecting their home is going up everyday. Also, a lot of home owners will need the right steps that will help them cut down on the rates they pay for insurance and still get top quality service.A great number of people are taking advantage of reduced interest rates by relocating into bigger homes; some simply upgrade their existing homes. This is a big reason why insurance rates are on the increase nationwide; having more home properties to insure simply means you will have higher home owners’ insurance premium to pay.Another more obvious reason is the increased rate of destructive natural disasters. Reports have it that insurance companies have paid over $100 billion in natural disaster related losses since the year 1990. If you do the monthly math, you will discover that insurance companies have been paying an estimate of $700 million every month.Note that you can enjoy reduced rates with to high level protection if you do the following:Study before you buy insurance. Know all you need to know about the policy you wish to buy and the company you are buying the policy from. Know the good and the bad of your chosen insurance and the provider.Work with high deductibles: This makes a lot of home insurance companies to award you discounts. The higher your deductible the lower the rates you pay eventually. Note: your deductible amount is the money you are willing to pay from your pocket before your insurance kicks in.