You should always check your insurance policy each renewal. There could always be a discount you’ve missed out on or a better rate for a certain type of coverage. An annual insurance review is also a great rule of thumb to use, especially if you have had any life-changing events occur such as marriage, children going to college, or home improvements. Small changes could mean further savings:
- Bundling discount (You can often get a reduced car insurance premium by combining multiple policies, like homeowners and car insurance.)
- Safety discounts
- Renewal/customer loyalty discount (Insurance companies like customers who are loyal. Continuing to renew with the same company year after year can save you money.)
- Multi-vehicle discount (Insuring multiple vehicles on one policy.)
If you would like a free insurance review, click here to take our self-audit and we would be happy to help you.