New policy or renewal coming up? Use these seven tactics—backed by industry data—to knock 10-40 % off your quote without exposing yourself to extra risk.
1. Shop 30–45 days before your renewal date
Many carriers award an “advance-shopper” discount when you lock a policy a month early—it signals low-risk behavior. Waiting until the last week can add 5-10 % to the premium.
2. Bundle auto with home or renters
Bundling typically saves 10-25 % on both policies. Always request a “bundle vs. stand-alone” comparison—occasionally separate carriers beat the bundle, especially if you have recent home claims.
3. Enroll in a telematics (usage-based) program
Safe-driver apps track acceleration, braking and mileage for 90 days. Average discount: 15 %; careful drivers can hit 30 %. Reject the offer (and delete the app) if your scores tank—most carriers won’t penalize, they just remove the discount.
4. Increase your collision & comp deductible
Bumping from \$500 to \$1,000 knocks ~15 % off those coverages. Only do this if you keep an emergency fund ready to absorb the extra out-of-pocket.
5. Pay in full or set up EFT
Installment fees run \$3-\$8 per month. Paying the six-month premium up front or using automatic EFT removes those fees and often unlocks a small auto-pay discount.
6. Claim affinity & membership discounts
Alumni associations, professional groups, credit unions, even warehouse clubs (e.g., Costco) partner with insurers. Provide your member ID and you could shave another 5 %.
7. Right-size optional coverages
Roadside, rental, gap, new-car replacement—keep what you need, drop what you don’t. Example: if you have AAA, roadside from the insurer is redundant.
Insider tip: quote with and without rental coverage—on average it adds \$10-\$15 every six months. If you own a second vehicle, you may not need it.