Renters insurance isn’t too pricey, but there are still ways to save on it. Here are a few tips on saving on your renters insurance:
Compare quotes and shop around. We do this step for you! We’ll find the best rates for your needs. We can tailor a policy to fit your lifestyle.
Keep a good credit score. A good credit rating is helpful for almost all types of insurance, and renters is no exception.
Buy your renters insurance from the same company as your auto insurance. Combining policies will get you a discount.
Secure your condo with safety devices and alarms, such as dead bolts, security systems, window locks, and fire alarms. We also give discounts for this.
Quit smoking! Did you know that accidents due to smoking account for over 23,000 residential fires annually? Because of this, you may be able to get a discount if you’re a non-smoker.
Raise your deductible. The higher your deductible, the bigger your discount. Look for discounts such as senior discounts and group coverage. Sometimes employers or business associations offer group rates for renters insurance. Seniors may also be eligible for a discount.
Stay loyal to your carrier. Some insurance companies give out “loyalty discounts” to customers who have been customers for awhile.
Check your policy annually. We all accumulate, and your policy should be updated in accordance with your changes.
Review these tips and put them to use! For more information on renters insurance, contact us today! We’re Humphries Insurance, an independent agency based in Blue Bell, Pennsylvania.