10 hidden home insurance credits

You know that good-driver discount the auto insurance companies offer? A claims-free credit is the home insurance equivalent.

The reason is pretty simple: Your absence of claims keeps more money in your insurer's pocket. And increasingly, they're willing to pass some of that savings on to you by shaving your home insurance premium.

"That's a fairly new discount, but almost every year we're seeing more companies add it," says Flannagan. "People who have been claims-free for 10 years can get like a 20 percent discount. I think a lot of companies are trying to reward longevity."

Even if you've had a claim, you may still qualify for a long-term customer discount upon renewal if you've been insured for a certain number of years.

Claims-free credit: 20 percent.