Need to Know Tips to Save on Home and Auto Insurance This National Insurance Day - Temecula Insurance Agency - Carver for Auto, Home, Life & Health

Need to Know Tips to Save on Home and Auto Insurance This National Insurance Day

Did you know that June 28th in National Insurance Awareness Day? Here are a few tips and tricks to help you save on home and auto insurance. We all know the importance and peace of mind that quality insurance brings, but why overpay? First, saving on auto insurance. Here is what you can do to ensure that you are not overpaying:
  1. Find the insurer not just with a low price, but who is rated highly as well. Sometimes a low premium can be deceiving. Even though you pay less at first, there can be issues with lack of coverage at certain repair shops, or steep increases after an accident. In addition, double check that your insurance plan covers everything you may need. If you are only covered for non-at-fault damage, you could end up paying much more in an accident than you are comfortable with.
  2. Find a deductible that works for you. Having a higher deductible can actually save you money in the long run. If you have a clean driving record with little history of accidents, it may actually be more beneficial to have a higher deductible (but nothing you can’t pay in an emergency). This keeps you from paying more every month for something you may not need. At the same time, you are covered in the event of a high-expense accident.
  3. Know what discounts you qualify for. Taking safety courses and installing anti-theft equipment on your car can lower the cost of insurance. Students with good grades and safe cars will cost less as well. Some places also let you bundle your insurance, where you can have home, auto, and life insurance in one discounted package.
  Homeowner’s insurance is a little different, but many of the concepts remain the same.
  1. Find the right insurer, and find the deductible that fits your needs. Just like auto insurance, you want to make sure that you don’t set a deductible too low with higher monthly payments in anticipation of a situation that may not occur. Also, make sure that you find a well-rated insurer who covers all that you need.
  2. Remember that what you paid for your house is not your rebuilding cost. When establishing your premium, don’t assume that house reparations will cost as much as a new house.
  3. Add features to your house that increase its safety. Updated alarm systems and weatherproofing will lower your premium, and possibly raise the value of your house in the process. Improved security can significantly lower your premium.
  4. Remain loyal to one insurer. If you like the insurer you have, remaining with them can open you up to possible long-term policy holder discounts. Insurance companies like it when you not only bundle your coverage, but also when you stay.
  Insurance is a cost that many of us have, but it does not need to be debilitating. Small changes to our property and lifestyle can go a long way in keeping our premiums low without sacrificing needed coverage. Carver Insurance Services, Inc. is here to guide you through the insurance process and save you money. Learn more by contacting us at (951) 677-9600!

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