Everyone’s looking to save a buck these days. Don’t overlook trimming your homeowner’s and auto insurance premiums.

The Insurance Information Institute, which represents property and casualty insurers, offers tips for cutting premiums. Some are obvious, like asking for a higher deductible or reducing coverage on old cars. But here are some you might not have thought about:

— Buy a house that’s close to a fire hydrant or in a community with a professional fire department instead of a voluntary crew.

— East coasters should buy brick houses because they are more likely to withstand heavy winds. Those in earthquake territory should consider wooden frame houses.

— Don’t count the value of your land when figuring the amount of homeowner’s coverage to buy. — Reduce coverage for personal items that have lost value. Cancel coverage for jewelry or art that you have sold.

— Adding a sophisticated alarm and sprinkler system can reduce premiums as much as 15 or 20 percent. These systems aren’t cheap, though. So before buying one, make sure it’s the kind your insurer suggests and the savings in premiums can make up for the price of the system.

— Don’t switch insurers. Some companies give a 5 percent discount if you stick with them for three to five years and a 10 percent discount for six or more years of loyalty.

— Ask for a discount if you are driving fewer miles to work because you’re now car pooling or taking public transportation.

— Don’t lie about your age. You might get a discount on auto premiums if you’re over 50.

— On average, people make auto claims about once every dozen years. So, if you’re average and have some money set aside, raise your deductible on collision and comprehensive coverage. Raising it from $200 to $500 could save 15 to 30 percent. Raise it to $1,000, and your premiums could be cut by at least 40 percent.