• Review all possible discounts and credits with your agent: Most insurers offer a variety of policy credits
and account discounts that can translate into significant savings — without
endangering the level of protection you need for your home, autos and other
valuable property. And often, if you purchase multiple policies through the
same insurance company, you’ll receive further discounts. People who own
motorcycles or boats and who complete approved safety courses can qualify for
discounts, and families with teen drivers who earn good grades in school may
qualify for auto policy discounts.
• Increase deductibles for cost savings: Only a small
percentage of homeowners have claims in any given year, so you might consider
increasing your deductible.
• Full payment on policy: Depending on your financial
circumstances, you may be able to make lump-sum payments instead of partial
premium payments, such as monthly or quarterly. Partial payments often include
small transaction fees, so paying the full amount can eliminate those extra costs.
Saving money is important, but so is making sure that what
you’ve got is protected. If you’re looking for ways to save, or want to review your
coverages, give us a call!
