It’s true – dozens of insurance companies, large and small, are fighting for your business. Many agencies have a wide range of policy options, making it hard to compare policies and figure out who’s offering the lowest rate.

Many people think that the best way to find the lowest rate is to shop around. While that can be important and it’s something everyone is likely going to do anyway, we want to help you improve your chances of finding the best rate for your needs.

Insurers provide a variety of discounts, which can mean lower insurance rates for customers who may bundle one insurance with other policies. This can include combining vehicle and homeowner insurance. Discounts may also be available if you are able to pay your entire annual premium at once so be sure to specify this when requesting a quote. It could save you money.

Often if you are willing to accept a higher deductible on claims, you can save money on your actual insurance premium. Before you accept a higher deductible, make sure that the amount you are agreeing to is something you can manage to pay in the event that you will need to file a claim on your insurance. Having this option can help you reduce your variable costs over time, especially if there is a low likelihood that you will make a claim on that particular insurance.

Depending on the type of insurance you are purchasing, you should take a close look at the details of the policy. Some elements of the policy may not be required and you could be paying for additional insurance that doesn’t really apply to you. At Leaders Insurance, our agents take the time to understand your unique needs so we can provide you with a policy and quote that applies directly to your needs. However, if you are working with an agent and you feel that the policy includes a number of elements that don’t apply to you, you should ask if there are other alternative policies that may omit these elements so you are able to get a lower rate while still giving you the coverage you need.