HomeInsurance com has recently announced the kick-off of their Save to Win Contest. This contest  offers homeowners the chance to save on home insurance and win a $250 Lowe’s Home Improvement gift card.  Save to Win contestants work with HomeInsurance.com agents and compete to see who can save the most money on their home insurance policy- the biggest saver takes home the prize.

“With the current economic slump and foreclosure rates skyrocketing, we know that homeowners could use the savings now more than ever”, said Carlos Lagomarsino- CEO of HomeInsurance.com. “While we always save our customers the most amount of money possible on their homeowners insurance, the contest will encourage more homeowners to explore their savings opportunities and possibly even win a $250 gift card”.

The contest begins on October 6^th and runs through December 5^th. Contestants must purchase the new policy through HomeInsurance.com to qualify.  They must also submit proof of their savings from their old policy to their new policy.

“The process is very simple: Customers get a low quote, purchase a policy and then fax us proof of their savings”, said Bruce Berry, V.P. of Sales.  “The biggest saver wins.”

Saving on home insurance is nothing less than embraced by most homeowners who have felt the effects of the post-Katrina rate hikes and the looming mortgage crisis. Residents of Texas and Louisiana know this all too well as they pay the highest home insurance premiums in the country- an average of $1,258 per year (not including flood).

The Save to Win contest will run for 60 days and contestants must fax proof of their savings in by December 5^th, 2008 5 PM EST. Contest details can be found at: homeInsurance.com/savetowin