There are a number of good uses for an Underground water tank. For starters, it's a great way to collect and save rainwater. Pipe it to your home and you have a ready made supply of water which will save you money on your monthly bill. No more buying from the city.

You can also use this water for outdoor watering. Water your grass, irrigate your garden or anything else that might require water on a regular basis.

Finally, this water is great for an emergency. In times of drought you'll always have a fresh supply. And in the event of a fire, the water is right there in your yard. In fact, many insurance companies will give you a discount on your homeowners policy if you have a large enough underground tank in your yard. Yet another way you'll be saving money.

So if this sounds like something you can use, here's a few tips for picking out your own underground water tank.

The first thing you need to do is figure out where the tank will be placed and how much space you have. Picking out a tank to fit in the available location is important. Don't get more tank than you need but you also don't want to go too small or you won't get all the benefits you might need.

Affordability is the next thing to check. Now that you know how big you want, can you afford it? Larger tanks can run many thousands of dollars. And don't just look at the cost of the tank. Figure in any installation costs as well. Some dealers may sell their tanks for less but charge an huge amount to put it in. And don't forget to include the cost of piping to get the water to where you want it to go. Set your budget up ahead of time and stick to it, even if it means getting a smaller tank.

Make sure you check online dealers. For starters, you may not even have local dealers. And even if you do, they may not stock the size you want. On the Internet you'll surely be able to find exactly the tank you need at a price you can afford. A word of caution though, make sure you check for online reviews of both the dealer and the tank. You need to find a company that is reliable, especially if your tank should ever need servicing. The more good reviews you can find (outside of the dealers site) the better your chances of choosing a quality tank and company.

The bottom line is to shop around. Compare prices side by side. Do your research ahead of time and you will always save money while getting a quality tank and service. When you've reached your decision, go ahead and get it. With all the benefits it will provide you'll make up your initial expense in both cost and convenience before you know it.