How To Find Discount Insurance

Introduction

Learning how to find discount insurance will take some work on your part. The best way to get discount insurance is to use the Internet to shop for home, auto and life insurance discounts. You can find companies that offer lower rates and save that way or make changes to your home or automobiles that result in discounts. Check out the many things you can do to get discount insurance and save.

 

 

 

 

 

 

 

Step 1

Use comparison websites to get current quotes, and compare them to what you are currently paying. It is important to make sure you are comparing the exact same coverage that you currently have. Otherwise, it may appear as though another company offers discount insurance, when in reality you are not looking at the same coverage which makes a difference in prices.

Step 2

Set aside ample time to research discount insurance for all your insurance policies including the main three types for auto, homeowners and life insurance. Even if you save just a little on each policy, the total savings between all three types of insurance may add up to a substantial amount.

Step 3

Call each insurance company you do business with and ask them about discount insurance. They will most likely be glad to offer suggestions about receiving a discount and what you need to do to get discounts. Some car insurance providers offer discounts if you install air bags, safety mirrors, back-up cameras and car alarms. You might need to make upgrades to your home to get discount insurance. Many insurance carriers provide discounts for burglar alarm systems, specific door locks, sprinkler systems and smoke detectors. By making some of these changes to your home or auto, you may not only save on policy premiums, but make your home and auto safer. If your agent is not willing to give discount insurance for making changes to a car or home, find another company that does.

Step 4

Change existing deductibles on your current policies or choose bigger deductible amounts on a new policy. Increasing the amount of the deductible normally decreases the premium a bit. However, the deductible is the amount you have to pay out-of-pocket, so give your financial situation careful thought before increasing deductibles.

Step 5

Work to improve your credit history. Many people are not aware that most insurance companies are now running credit checks before determining the amount of your premium. So, paying your bills on a timely basis not only keeps your other creditors happy, but it could result in cost savings to you with lower insurance premiums.

Step 6

Find your life insurance policy that you probably have stored away and forgotten about. Review the policy and go online to find life insurance companies offering a savings by taking a medical exam. A lot of life insurance companies offer better rates if you take an exam when signing up. Of course, you will have to pay out-of-pocket money for the exam, but you could save a large amount of money over the life time of the policy on payments.

Tips

Ask your current insurance carriers what kind of discounts they would be willing to offer if you combined all your insurance needs under one company. You might be pleasantly surprised to find discount insurance in your favor.

 

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