The best way to save on your insurance costs is to design a program that reflects your needs. Whether you’ve had losses or not, examining benefits of larger deductibles and taking advantage of all available discounts can dramatically affect your insurance costs. Assuming a larger deductible utilizes the policies for the big losses and forces you to swallow the small losses yourself. Customers frequently come to me having had no losses for years but have carried a low deductible in case they ever need it. Higher deductibles save money.
Policies offer various discounts that when discovered can offer big savings. Discounts are available for alarm systems in your home or car, renovations done to a home over 20 years old, Non-smoker households, good students, defensive driver training, having a CDL driver’s license, loss free experience, new home credits, and multi policy or package discounts.