Buying Renters Insurance Online
We’ve come a long way since the days when you had to visit insurance offices or call insurance agents to get insurance quotes. Now, thanks to the Internet, you can go online, get quotes, and get your renters insurance in a matter of minutes.
Renters insurance from one company can be hundreds of dollars less than the same insurance from another company, so it pays to spend a few minutes comparing rates online before you buy your insurance.
The best place to do your comparison shopping is at an insurance comparison website where you can compare rates from a number of different companies. Some of these websites even have a chat feature where you can talk online with an insurance expert who can answer your questions. (See link below.)
In order to get the best rate you need to get all the discounts you can. Here are the biggest money savers:
Raise your deductible – 25% discount. Raising your deductible from $250 to $500 will save you up to 15% on your insurance. Raising it to $1,000 will save you up to 25%.
Bundle your insurance – 15% discount. Purchasing your renters insurance and your auto insurance from the same company will save you up to 15% on your premium.
Get a senior’s discount – 10% discount. If you’re a retired senior you can save up to 10% on your renters insurance.
Security discount. Some insurance companies will give you discounts if your residence has a burglar alarm, fire alarm, smoke detector, or dead-bolt locks.
Non-smokers discount. You may be eligible for a non-smokers discount if no one in your home smokes.