How to Avoid Costly Premium Increases

Insurance provides protection against unexpected and potentially costly events. However, the cost of insurance has been increasing in recent years, making it more and more costly . Insurance prices have been on the rise due to  an increase in claims and a rise in the cost of materials and labor for repairs for your home and cars.  Here are some tips on how to lower your cost of insurance...

Accurate Information
Many times inaccurate information may be artificially increasing your premiums. Has your home had any updates with roof, plumbing, heating, electrical? Any updates will usually trigger a discount off the premium. Do you have a central reporting fire or burglary alarm? Have you reported fewer annual miles to your car insurance company since working at home? Is a young driver away at school? Make sure you review all your details with an agent to get all the discounts you deserve.

Deductible Discount
Insurance companies are now offering higher deductibles for a significant discount. You may see up to 20% off with a 2500 deductible on your home insurance, and car insurance deductibles can go up to 2000 for saving there too.

Shop
Recently, non-franchise carriers like Travelers and Safeco have been more competitive with their rates, so be sure to check with a broker who works with multiple companies to get the best available plan.

Want Help?
We can shop for you.  Text 714-900-2363 with a picture of your VIN and Driver License to shop for home and auto package rates today.