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Tips for reducing your overall costs for insurance in Redwood City, CA
September 22, 2021 at 7:00 AM
Tips for reducing your overall costs for insurance in Redwood City, CA

Insurance can seem like a pain to pay for every month because you’re giving money to an insurance company “just in case” something were to happen to you, your family, or your belongings. However, should the unthinkable happen, you can’t afford to not have it. This is why many apartment complexes require tenants to have renter’s insurance and it’s the law dictates that you must have minimal auto insurance coverage. That being said, you can still have insurance in Redwood City, CA that will keep you protected and won’t break the bank. To help with this, our team at Gleetopia has some tips that will help to reduce your overall insurance costs.

Shop around

Not all insurance companies offer the same coverage for the same price. For instance, if you get a policy with full home and auto coverage that feels a little bit too high, it probably is. You could likely get the same or similar coverage from another company for a fraction of the cost. Shop around to different insurance companies to see who has the best price for your budget.

Raise your deductible

The lower you have your deductible on your policy, the more you’re going to pay in premiums. Keep in mind that the deductible is the amount that you have to pay before insurance coverage kicks in. So, if you feel like you can pay for $500 in repairs on a vehicle without a problem, you probably don’t need a $100 deductible on your policy. This could save you a significant amount of money on your monthly premium.

Reduce coverage on a vehicle

If you have a vehicle that you don’t drive that often, it doesn’t need to have the same amount of coverage as your primary family vehicle. You can reduce coverage from comprehensive coverage to nothing more than liability coverage. This means that if you’re in a collision and it’s your fault, neither you, your passengers, or your vehicle will be covered. Your coverage solely protects the other party in the crash. This can be a risky move, but not nearly as much if you don’t drive the vehicle often or very far.

Bundle your coverage

When you’re shopping around looking at insurance plans, you might see individual prices for homeowners insurance and auto insurance and see vastly different numbers among each company. You might find that company A has a great price on auto insurance but their homeowners policies are far too expensive. In contrast, company B has costly auto insurance with affordable homeowners insurance. Rather than splitting coverage between the two, you can often get a better price on both by bundling your policies with the same company. They’re likely to give you somewhat of a discount by purchasing more than one policy with them.

Drive safely

A driver who chooses to dip into their insurance regularly for dings, dents, and other damage to their vehicle is going to have to pay more than those who don’t. The same is true for drivers who have multiple moving violations on their record. Be mindful when you drive and try to stay as safe as you can to avoid having to file a claim with your insurance company.

Improve home safety features

If you’d like to save money on your home owner’s insurance, try to find ways to make your home safer. Having smoke detectors and a fence are great places to start. Smoke detectors are going to alert you to fire so you can minimize the amount of damage done in your home. A fence will help to deter theft so you won’t have to file a claim for damaged or stolen property. These measures can help to reduce your homeowners insurance by small amounts so you can save in the long run.

Contact us to learn more

If you’d like to learn more about how you can save costs on insurance in Redwood City, CA, get in touch with our team at Gleetopia. We’re here to work for you and help you find the best insurance policy for your needs. Contact us by calling 888-707-7578 or send a message using our online contact form.