What can I do to keep my insurance premiums from increasing?

Your premiums are based on many different factors. Some of these factors are out of your control – like crime rates in your area or weather patterns. But there are also plenty of things you can control to help keep your insurance premiums from increasing. 

Here are some tips on how to keep your insurance premiums low:


  • Improve security. Install smoke and fire alarms carbon monoxide detectors, or a security system - any of these are smart investments to protect your home, your belongings and your family.
  • Consider upgrades. Add a sump pump and/or backflow valve to protect against water damage or upgrade your electrical panel to decrease risk of electrical fire. Many home improvements can also lower your insurance.
  • Good credit. Having a better credit score could help you save on your home insurance since this is one of the factors that your insurer may consider to determine your premium.


  • Drive safe. Keep your driving record clean – obey speed limits and follow other rules of the road. That also means ensuring that anyone else who drives your vehicle drives smart as well (remember, when you lend your car you're also lending your insurance!). 
  • Consider vehicle make and model. If you’re buying a new (or used) vehicle, look up the vehicle rating as part of your buying research. These ratings are used by insurers to calculate the premium charged for physical damage coverage.

Home & Car

  • Shop around. Get quotes from a few different insurers and check for discounts to make sure you’re getting the best price. Just be sure to compare apples to apples.
  • Review your coverage often. Your insurance needs can change. Make sure you’re paying only for the coverage you need by looking through your policy on an annual basis.
  • Bundle! Insure your home and auto together to get the best savings. You could also save for having multiple vehicles with the same insurer.
  • Increase your deductible. You can lower your premiums by choosing to increase your deductible since you’ll be paying more towards the amount of your insurance claim if one happens.