After a while, if you connect all the dots, it will clear that insurers reward policyholders who reduce risks with lower rates. Living near a fire hydrant or a fire station lowers insurance costs because there?s less risk of your home burning down. You may get a discount on your premium if your home is within 1,000 feet of a fire hydrant. The insurer may consider factors about the fire department, such as how quick they are in responding to fire alarms. The community water supply is another hidden factor that reflects risks and affects costs. Use this knowledge to your advantage by making sure your valuable assets are adequately insured. Contact us at Schwab Agency to tell us about your homeowners? insurance needs, and we?ll set you up with the right customized plan.