While you consider whether or not it's a good time to sell or buy real estate, know this one thing: that homeowners' insurance rates are steadily rising across the country. A surge of natural disasters over the last few years have resulted in huge insurance payouts, and rate hikes for homeowners. According to the The National Association of Insurance Commissioners, "home insurance rates are up almost 47 percent in the last 10 years."

But with all time low interest rates, you still want to get in on the homebuying frenzy. What should you do? Take these steps to lower your homeowners insurance costs.

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[naviga:li]Improve Your Credit Score: Who knew that having a good credit score can reduce your insurance costs! To make sure your credit history is solid you should pay your bills on time, keep your credit balances as low as possible, and limit your open credit accounts.[/naviga:li]

[naviga:li]Make Disaster Resistant Home Improvements: You may be able to save on premiums if you make disaster resistant home improvements, such as installing stormproof windows and doors, sealing openings from wind and rain, and adding protection layers to the roof. Check with your insurance agent to find out which upgrades, if any, can save you money.[/naviga:li]

[naviga:li]Shop Around: It can be time-consuming to investigate various insurers, but the money you can save might be worth it. Start by checking with the　National Association of Insurance Commissioners (NAIC). Here you can find information to help you choose an insurer in your state. You can also check with your state insurance department for rate comparisons, and always make sure the providers are highly rated for serving customers filing claims.[/naviga:li]

[naviga:li]Raise Your Deductible: A deductible is the sum of money you pay toward a loss before your insurance begins payment on a claim. If you have a higher deductible, you can save money on your premiums. The　Insurance Information Institute notes, "Most insurance companies recommend a deductible of at least $500. If you can afford to raise your deductible to $1,000, you may save as much as 25 percent." Remember, you may have a separate deductible for specific disaster-related damage like windstorms, earthquakes, and hail.[/naviga:li]

[naviga:li]Combine Your Home and Auto Policies: Often, if you bundle your insurance policies (home and auto) with one company you can save 25 percent in premiums. It is still smart to make sure your total price is lower with the bundled policies than if you were to buy two policies from two different companies.[/naviga:li]

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With a little time and attention to your property and your policy, you may be able to find ways to lower insurance costs for the property you love so much.Visit the ECAR web site for more resources or to find a Realtor at http://www.easternctrealtors.com.