How to Save on Your Insurance

How to Save on Your Insurance

Have you been paying attention to how much insurance is costing you these days?  Overpaying for insurance should be a big concern for any driver or homeowner. After all, insurance coverage does not come cheap. The price you pay for your insurance can vary by hundreds of dollars, depending on the insurance company that you buy your policy from. Here are some things to consider when buying insurance that help can save money.

Shop Around

Each year, a few weeks before my renewal date, I get at least three quotes from different insurance companies.  It’s sometimes a good idea to ask friends and relatives for their recommendations based on their experiences and do your own due diligence by researching the company before committing. The insurer you select should offer both a fair price and excellent service. Quality service may cost a bit more, but you buy insurance in case you need to make a claim, so it’s important to get a company with a good reputation.

I have used an insurance broker CYA Agency since 2010 and I have been saving ever since.  Using CYA Agency each year their rates come in much lower than the big insurance companies. CYA is an independent agency with the customer in mind.  You really get a personal connection, I love it when I call they know who I am without the robocalls.  Using an agency such as CYA, they have relationships with dozens of insurance companies, allowing you to get the right price with the right service.  Let’s be clear a company such as this represents you, not the insurance company.  If you are in Georgia it is worth taking a look at.

Disclaimer:  This is not a sponsorship, I am a happy customer of CYA Agency.  I have saved money ever since switching to this company. You can learn more at


Raise Your Deductible

I decided to set higher deductibles which reduces what I pay for my premium.  Deductibles are the amount of money you have to pay toward a loss before your insurance company starts to pay.  By choosing a higher deductible on your car or home insurance, you can significantly lower your premium costs. Of course, be sure you have enough money set aside to pay the higher deductible in the event you have a claim which you should factor in your emergency fund.

Read More:  Why an Emergency Fund?


Bundle Your Insurance

I save nearly 15% each year by bundling my home and auto insurance.  From experience, many insurers will give you a discount if you purchase two or more types of insurance from them—such as homeowners and auto—or have more than one vehicle insured. There are no guarantees so do your homework.

Take Advantage of Low Mileage Discounts

On a typical day, I drive less than 20 miles, especially since I live less than 8 miles from work.  Some companies offer discounts to motorists who drive less than the average number of miles per year (that’s 13,476 miles per year, or 37 miles a day). Low mileage discounts can also apply to drivers who carpool to work.  Make sure that you ask your insurance agent or company, don’t leave any money on the table.


Improve Your Security

I get an additional for a having smoke detector, burglar alarm and deadbolt locks. Some companies have offered to cut my premium by as much as 20% to install a sprinkler system, fire and burglar alarm that alerts monitoring stations. Before you buy such a system, find out what kind your insurer recommends, how much the device would cost and how much you’d save on premiums.


Customer Service

Being frugal isn’t about being cheap, it’s about getting the best overall service, so just don’t shop around for the lowest price.  Remember that you will be dealing with this company in the event of an accident or other emergencies. It is important to get a company with a good reputation. Talk to a number of insurers to get a feeling for the type of service they give. Ask them what they would do to lower your costs.

Be sure to contact your state’s insurance department to find out whether they make available consumer complaint ratios by company. If they do, check into the insurers you’re considering doing business with.

This Post Has 34 Comments

  1. What’s up, this weekend is nice for me, for the reason that this moment i am reading this fantastic educational piece of writing here at my home.

  2. I have been browsing online more than 2 hours today, yet I never found any interesting article like yours.
    It’s pretty worth enough for me. In my opinion, if all web owners and bloggers made
    good content as you did, the internet will be a lot more useful than ever before.
    Woah! I’m really loving the template/theme of this
    website. It’s simple, yet effective. A lot of times it’s tough to get that “perfect balance”
    between superb usability and appearance. I must say that you’ve done a very good job with this.
    Additionally, the blog loads very quick for me on Safari.

    Excellent Blog! It’s the best time to make a few plans for the long run and it’s time to be happy.

    I have read this put up and if I may just I desire to counsel you few interesting things
    or advice. Perhaps you could write next articles referring to
    this article. I want to read more things about it!

    1. Thank you so much! I will take your advice into consideration! Be sure to check back weekly for a new post.

  3. Hey there just wanted to give you a quick heads up. The words in your article seem
    to be running off the screen in Internet explorer.
    I’m not sure if this is a format issue or something to do with internet browser compatibility but I thought I’d post to
    let you know. The design and style look great though!

    Hope you get the problem fixed soon. Thanks I couldn’t refrain from commenting.

    Perfectly written! Incredible! This blog looks just
    like my old one! It’s on a totally different subject but it has pretty
    much the same page layout and design. Wonderful choice
    of colors!

  4. Pretty nice post. I simply stumbled upon your weblog and wanted to say
    that I’ve truly loved browsing your blog posts. After all I will
    be subscribing on your feed and I hope you write
    once more very soon!

  5. I have been browsing on-line greater than three hours these days, yet I by no means discovered any attention-grabbing article like yours.
    It is lovely worth enough for me. In my view, if all site owners and bloggers made excellent content material as you probably did,
    the net might be a lot more useful than ever before.

  6. Heya i’m for the primary time here. I came across this board and I find It truly helpful & it helped me out a lot. I am hoping to give something back and help others like you helped me.

  7. I¦ve recently started a web site, the info you offer on this website has helped me tremendously. Thank you for all of your time & work.

  8. Fantastic blog you have here but I was wanting to know if you knew of any
    message boards that cover the same topics discussed here?
    I’d really like to be a part of community where I can get responses from other experienced individuals that share the
    same interest. If you have any recommendations, please let me know.

  9. Good day! I could have sworn I’ve visited this website before but after browsing through a few of
    the articles I realized it’s new to me. Anyways, I’m
    certainly delighted I came across it and I’ll be bookmarking it and checking
    back often!

  10. What’s up everyone, it’s my first go to see at this site,
    and paragraph is genuinely fruitful in support of me, keep up posting such articles or reviews.

  11. I’ve been exploring for a little bit for any high-quality articles or
    blog posts on this sort of area . Exploring in Yahoo I finally stumbled upon this website.
    Studying this info So i’m satisfied to convey that I have
    an incredibly good uncanny feeling I discovered just
    what I needed. I such a lot undoubtedly will make certain to
    do not disregard this website and give it a look on a continuing

  12. Hello mates, how is everything, and what you want to say concerning this post, in my
    view its actually awesome in favor of me.

  13. What’s up every one, here every one is sharing these kinds
    of familiarity, thus it’s fastidious to read this website, and I used to pay a quick visit this blog daily.

  14. If you are going for best contents like me, only pay a quick visit this web
    page everyday because it gives quality contents, thanks

  15. Wonderful beat ! I would like to apprentice whilst you amend your website, how could i subscribe for a weblog web site?
    The account aided me a applicable deal. I were a little bit familiar of this your broadcast provided vivid clear concept

  16. I’ve been browsing online more than three hours as of late, but I never found
    any interesting article like yours. It is lovely worth sufficient for
    me. Personally, if all web owners and bloggers made good content as
    you probably did, the net shall be much more helpful than ever before.

  17. Hi there, after reading this remarkable post i am too
    delighted to share my know-how here with mates.

  18. Way cool! Some extremely valid points! I appreciate you penning this post and the
    rest of the website is extremely good.

  19. I’ve been surfing online more than 3 hours today, yet I never found
    any interesting article like yours. It’s pretty worth enough for
    me. In my opinion, if all web owners and bloggers made good
    content as you did, the internet will be much more useful than ever before.

  20. Way cool! Some very valid points! I appreciate you penning this article and also
    the rest of the website is also really good.

  21. This information is invaluable. How can I find out more?

  22. Hi there! This is kind of off topic but I need some guidance from an established blog.
    Is it very hard to set up your own blog? I’m not
    very techincal but I can figure things out pretty fast.
    I’m thinking about creating my own but I’m not sure where to start.
    Do you have any tips or suggestions? Thanks

  23. Hi, i read your blog occasionally and i own a similar one and i was just wondering if you get a lot of spam responses?
    If so how do you prevent it, any plugin or anything you can suggest?
    I get so much lately it’s driving me mad so any assistance is very much appreciated.

    1. I get a few, however; I am new to this so I’m not sure of all of the resources that’s out there.

  24. Thank you for sharing your info. I truly appreciate your
    efforts and I will be waiting for your further post thanks once again.

  25. These are truly wonderful ideas in concerning blogging. You have touched some nice things here.
    Any way keep up wrinting.

  26. We are a gaggle of volunteers and starting
    a brand new scheme in our community. Your site provided us with valuable information to work
    on. You’ve done an impressive job and our entire
    community shall be grateful to you.

  27. Can I simply say what a comfort to find somebody that actually understands what they’re talking about over the internet.
    You definitely understand how to bring an issue to light and make it important.
    A lot more people ought to check this out and understand this side
    of your story. I can’t believe you’re not more popular since you definitely possess the gift.

Leave a Reply

Close Menu