The first (and most obvious factor) that plays in your monthly rates is how expensive your house is. The more expensive it is, the higher your premiums will be, and vice versa. Likewise, the more costly your items are, the more money you will end up paying each month. To save money, make sure that your items are properly secured.
Another factor that has the potential to affect your home insurance rates is the neighborhood in which your home is located. While Edmonton is a relatively safe city (for the most part), the same can't be same for every single one of its numerous neighborhoods. Before purchasing a home, we highly encourage you to research the levels of crime associated with the neighborhood.
Lastly, how secure your home is can also affect your Edmonton home insurance rates. Your goal is to make sure that your insurance company doesn't see you as a liability. For that to happen, you have to secure your home -- both from thieves and from natural disasters. As an example, you'd be surprised how much money installing a security system could save you each month! (And of course, don't forget the smoke detectors...)