How do I get my insurance premium lowered?


Editorial team Published on

You can lower your insurance premium immediately by comparing quotes from other providers and adjusting your coverage levels.

šŸ”Ž Compare and Shop Rates

  • Shop competitors: Compare quotes from at least three different insurance companies.
  • Check local programs: Drivers in California can check state resources like California's Low Cost Auto Insurance for affordable state-backed options.
  • Re-quote annually: Review your rates once a year to catch shifting market pricing.

āš–ļø Adjust Policy and Deductibles

  • Raise deductibles: Increase your comprehensive and collision deductible from $500 to $1,000 to save up to 25%.
  • Drop extra coverage: Remove collision and comprehensive coverage if your older vehicle is worth less than 10 times the annual premium.
  • Reduce mileage: Update your annual mileage if you drive under 10,000 miles a year or work remotely.

šŸ·ļø Claim Hidden Discounts

  • Bundle policies: Combine your auto policy with renters or homeowners insurance.
  • Enroll in telematics: Opt into a safe-driving app or tracking device to save up to 30%.
  • Ask for affiliations: Request discounts for paperless billing, autopay, or group memberships.