In many states, insurers are allowed to consider a credit-based insurance score when setting home insurance prices. If you have paid down debt, fixed errors on your credit report or built a longer record of on-time payments since you bought your policy, your profile may now look more favorable than it did back then.

Claims history matters too. Insurers often look at past claims on the property and on you as a policyholder. If an older claim has aged out of the period insurers typically review, or if you have gone a long stretch without filing anything, you may qualify for a claims-free discount or a better rate elsewhere.

Your current insurer may not reprice your policy in your favor on its own. Ask whether your improved history is reflected in your premium, and use the change as a reason to get a few fresh quotes. Rules about credit and insurance vary by state, so ask each company what it considers. Improvements you worked hard for deserve to show up in your price.