It is not too difficult finding cheap renters insurance, it only requires following a few time-tested and simple rules. It won’t take too much of your time, but you will have to put forth a small amount of effort. But when you have completed your duties you will feel a sense of satisfaction knowing that you are saving money month after month.
The easiest way to start is to head on over to a few insurance comparison websites and compare rates. There are a seemingly endless number of comparison websites that make it easy for you to compare rates from many top agencies. This makes it possible for you to find the lowest rates for the best coverage quickly and easily.
Do not pick the company with the lowest rates
Many people will simply pick the company with the lowest rates and go with them. This is alright, but basing your decision solely on these comparison rates can often cause you to miss out on some extra savings. With just a little bit of extra effort you can frequently find substantially lower rates.
Take note of the 3 companies with the lowest rates and call each one of them individually. The reason for calling is to find out what types of discounts they offer that will lower their cheap renters insurance rates even further. Depending on the insurance company you can often get some substantial discounts if you know how to go about it.
Ask about their discounts
The first thing you want to find out is how much of a discount you will receive if you buy both your auto and renters insurance policies from them. Instead of buying these policies from two different companies you can usually save 10-15% or more by buying them from the same agency. This is the quickest way to drop your rates by a large amount.
You will next want to ask about the deductibles. Smaller deductibles translate into higher premiums so by raising the deductible your rate will drop. If you can live with a higher deductible your rates will decrease. What you want to do is find every discount that you can qualify for. Different insurance companies may offer different discounts so ask the agent about every discount they offer. You will get a reduced rate for each one you qualify for.
Ask about their discounts for installing safety devices
Normally, senior citizens will qualify for a premium reduction that can be as high as 10%. If you have good credit you will typically qualify for another reduction in your rates. Insurance companies will normally reduce rates for anything that lowers their risk. For example, if you have smoke detectors in your home or apartment it is less likely that your residence will be completely destroyed by fire. Having smoke detectors will lower the risk to the insurance company and therefore it will also lower your rate.
Installing other safety devices such as fire alarms, burglar alarms, dead bolts on entry doors, locks on windows, sprinkler systems, and others will help reduce your premiums. Ask about each discount from the agent so that you will be sure to find every one you qualify for.
Once you have questioned each of the 3 individual insurance companies about their allowable price reductions you will simply pick the one with the lowest rate. Asking questions is the only way to find the least expensive premiums so do not be afraid to be persistent. Insurance agents want your business so they will do whatever they can to make you happy.
The easiest way to start is to head on over to a few insurance comparison websites and compare rates. There are a seemingly endless number of comparison websites that make it easy for you to compare rates from many top agencies. This makes it possible for you to find the lowest rates for the best coverage quickly and easily.
Do not pick the company with the lowest rates
Many people will simply pick the company with the lowest rates and go with them. This is alright, but basing your decision solely on these comparison rates can often cause you to miss out on some extra savings. With just a little bit of extra effort you can frequently find substantially lower rates.
Take note of the 3 companies with the lowest rates and call each one of them individually. The reason for calling is to find out what types of discounts they offer that will lower their cheap renters insurance rates even further. Depending on the insurance company you can often get some substantial discounts if you know how to go about it.
Ask about their discounts
The first thing you want to find out is how much of a discount you will receive if you buy both your auto and renters insurance policies from them. Instead of buying these policies from two different companies you can usually save 10-15% or more by buying them from the same agency. This is the quickest way to drop your rates by a large amount.
You will next want to ask about the deductibles. Smaller deductibles translate into higher premiums so by raising the deductible your rate will drop. If you can live with a higher deductible your rates will decrease. What you want to do is find every discount that you can qualify for. Different insurance companies may offer different discounts so ask the agent about every discount they offer. You will get a reduced rate for each one you qualify for.
Ask about their discounts for installing safety devices
Normally, senior citizens will qualify for a premium reduction that can be as high as 10%. If you have good credit you will typically qualify for another reduction in your rates. Insurance companies will normally reduce rates for anything that lowers their risk. For example, if you have smoke detectors in your home or apartment it is less likely that your residence will be completely destroyed by fire. Having smoke detectors will lower the risk to the insurance company and therefore it will also lower your rate.
Installing other safety devices such as fire alarms, burglar alarms, dead bolts on entry doors, locks on windows, sprinkler systems, and others will help reduce your premiums. Ask about each discount from the agent so that you will be sure to find every one you qualify for.
Once you have questioned each of the 3 individual insurance companies about their allowable price reductions you will simply pick the one with the lowest rate. Asking questions is the only way to find the least expensive premiums so do not be afraid to be persistent. Insurance agents want your business so they will do whatever they can to make you happy.
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