renter's insurance quotes logo


Renter's Insurance Maine

How To Get The Cheapest Renters Insurance Rate Quote

By Brian Stevens

Renters insurance isn't all that expensive to begin with, but why spend more than you have to? Here's how to get the cheapest renters insurance rate quote.

1. Increase you deductible. the deductible is the amount of money you pay toward a claim before your insurance company will pay. By increasing your renters insurance deductible you can save up to 40% on your premium. Increasing your deductible has the added benefit of preventing you from making too many small claims which can cause an insurance company to cancel your policy.

2. Consolidate your policies. Some companies will give you up to 15% off your auto and renters insurance if you place both of these policies with them. You'll also have only one company to deal with instead of two.

3. Install safety devices. Insurance companies give good-sized discounts for having safety devices like smoke detectors, fire alarms, and fire extinguishers installed in your home. In addition, this will give you peace of mind knowing that your protected from fires.

4. Install security devices. You can get discounts for installing security devices like dead-bolt locks, burglar alarms, and window locks. This, too, will give you added peace of mind.

5. Quit smoking. Most insurers give discounts for keeping a smoke-free home. Quitting smoking will not only increase your health, it will add to your life expectancy.

6. Check your credit rating. Some insurance companies are now using credit ratings to rate policies. If you don't have good credit you can either improve it or you can find a company that doesn't use credit checks.

7. Ask about discounts. Renters insurance companies give discounts for being a senior, for being in law enforcement, for being in the military, for belonging to a credit union, and for a whole host of other reasons. Before you purchase a renters insurance policy make sure you ask about all the discounts that are available to you.

8. Comparison shop. This is far and away the best way to get the cheapest renters insurance rate quote. Renters insurance can vary by hundreds of dollars from one company to the next. By shopping rate quotes and choosing the cheapest one you can save that money - $200 a year over 10 years is $2,000 you could save just by spending a few minutes online comparing rates.

By: Brian Stevens

Article Directory:

Visit or click on the following link to get renters insurance rate quotes from top-rated companies and see how much you can save. You can get more insurance tips in their Articles section.

The author, Brian Stevens, is a former insurance agent and financial consultant who has written a number of articles on getting cheap renters insurance rate quotes.

Here's some more of our recent renter's insurance articles you may find of interest...

10 Tips On Reducing Renters Insurance Costs
By Timothy Rudon
Renting a home or office necessitates insurance protection. The insurance protects renters against fire, theft, vandalism, natural disasters or a liability suit. Leading insurance Read more...
Renters Need To Protect Themselves! Rent Smart And Avoid The Financial Devastation!
Of course, as anyone knows, owning your own home is the financially sound choice of living arrangements. But we all need to start somewhere and many young folks have no choice, but to rent before Read more...
Renter's Insurance
By PLR Guy
There is nothing difficult about the subject of rental insurance but it is something that can affect anyone that has rented equipment in the past even a house, apartment or Read more...