Most people renew their car and home insurance without a second look. But insurers price policies differently, and many discounts only show up if you ask for them or shop around. Before your next renewal, run through this list.
1Bundling your car and home policies
Many insurers offer a multi-policy discount when your car and your home, condo or apartment are insured with the same company. If your policies are split, it's worth getting a bundled quote.
2Safe-driver and claims-free discounts
A clean record for the past few years can qualify you for lower rates. If an old ticket or accident has aged off your record since you last shopped, your current price may not reflect it.
3Multi-car discounts
Insuring two or more vehicles on one policy usually costs less per car than separate policies. Households that added a car recently often miss this.
4Low-mileage and usage-based programs
Driving less than you used to? Some insurers price by annual mileage, and many offer an app that rewards smooth driving. Read the terms first: some programs can also raise rates for riskier driving.
5Paying in full and going paperless
Paying your 6- or 12-month premium upfront, enrolling in autopay, or choosing e-documents can each trim the bill with some insurers.
See your options for your ZIP code
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6Buying your first policy
No current insurance, or a gap in coverage? You can still get covered. Compare several insurers, because some are more flexible than others with new or returning drivers, and keep your policy active once you have it, since continuous coverage often helps your price later.
Homeowners: check these too
Many insurers offer discounts for security and smoke alarm systems, a newer roof, updated electrical or plumbing, and being claims-free. Check that your dwelling coverage reflects today's rebuild costs, and whether you need separate flood coverage, which standard home policies usually don't include.
The best time to shop: before you renew
Shopping 3 to 6 weeks before your renewal date gives you time to compare without a gap. Keep your current policy active until the new one starts, and compare the same coverage limits and deductibles so the prices are a fair comparison.