Guide
How to lower your auto and home insurance premiums
You cannot control the weather or repair costs, but several choices you make do move your premium.
Auto
- Ask about multi-policy, safe driver, good student, and multi-car discounts
- Consider telematics programs if you drive carefully
- Raise collision and comprehensive deductibles
- Drop collision and comprehensive on older, low-value cars
- Keep a clean driving record
Home
- Replace an aging roof, ideally with impact-resistant material in hail areas
- Install monitored alarms and water shutoff devices
- Raise the all-perils deductible
- Update wiring, plumbing, and heating and tell your insurer
- Avoid small claims
Both
Review both policies every year, especially after a move, a new car, a new driver, or a renovation. Compare the bundle against separate quotes with matching limits.
Shop at the right time
Start comparing quotes about a month before renewal, so you can switch without a gap. Many insurers price earlier shoppers more favorably, and it gives you time to gather declarations pages, mileage, and home update dates.
Frequently asked questions
Does raising my deductible always save money?
It usually lowers premium, but make sure you can afford the higher amount after a claim.
Do safety devices help?
Monitored alarms, water leak sensors, and automatic shutoff valves can earn home discounts with many insurers.
Should I file small claims?
Small claims can affect future pricing. Weigh the payment against the potential long-term cost.
More guides
- Bundling auto and home insurance
- Minimum auto insurance requirements in our ten states
- What full coverage auto insurance really means
- Homeowners insurance coverage explained
- Personal umbrella insurance over your auto and home
- How to lower your auto and home insurance premiums
Last updated October 15, 2026 · How we research