How Can I Lower My Insurance Premium?

Written By Lesley Tan

Paying for insurance is necessary, but overpaying isn’t. Whether you’re looking at auto, home, or renters insurance, there are practical steps you can take to lower your premium while still protecting what matters most.

1. Bundle Your Policies

Many insurance companies offer discounts when you bundle multiple policies—like home and auto—with the same provider. It’s a simple way to save without changing your coverage.

2. Raise Your Deductible

A higher deductible means a lower monthly premium. Just make sure you’re financially comfortable covering that deductible if you ever file a claim.

3. Maintain a Good Credit Score

In California, credit scores can still impact some types of insurance. Keeping your credit in good shape may help reduce your premium, especially for home and renters insurance.

4. Ask About Discounts

There are often discounts for:

  • Being claim-free

  • Installing security systems or smoke alarms

  • Driving fewer miles annually

  • Taking a defensive driving course

Ask your agent about available discounts you might be missing. 

5. Review Your Coverage Annually

Life changes—so should your insurance. Review your policies at least once a year to make sure you’re not overinsured (or underinsured). Removing outdated or unnecessary coverage can bring your costs down.

Let’s Make Sure You’re Getting the Best Rate

If you're unsure whether you're overpaying or want a second opinion, we’re happy to review your policy and help you explore ways to save. Reach out anytime—no pressure, just honest guidance.

Lesley Tan
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