This article will examine five efficient methods to cut insurance costs while guaranteeing sufficient coverage for all your insurance requirements! 

1.      Shop Around & Compare Quotes with Prosper  

Insurance policy prices can vary, so it’s important to gather multiple quotes to find the best rates. However, comparing quotes can be time-consuming, that’s why Prosper Insurance does the hard work for you.  

We compare over 30 highly rated insurance companies to help you find the policy that suits your needs. Forget about using spreadsheets to compare and start your quote online in under 3 minutes. We’ll run the numbers for you!  

If you prefer speaking to a licensed agent, give us a call at (757) 248-5973. 

2.      The Prosper Bundle 

Insurance companies may offer discounts when you bundle multiple policies with them. 

Prosper offers a distinctive package that offers intra-agency bundle discounts to ensure you are always getting the best price and coverage.  

You don’t have to feel like you must be tied to one insurance carrier, we will help you compare rates as your one-stop shop for all your insurance needs to help you find the best coverage at a great rate with your Prosper Bundle. 

3.      Discounts 

There are various discounts that policyholders can take advantage of to save on premiums. 

Here are a few common discounts for home and auto insurance: 

Home Insurance: 

  • Installing security cameras at your residence  
  • If you live in a Homeowners Association (HOA) you could potentially receive a lower premium  
  • Military discounts for active duty and veterans 
  • New home construction discount 
  • Energy-efficient appliances discounts 

Auto Insurance: 

  • Safe driver discounts 
  • Multi-vehicle discounts 
  • Safety feature discounts 
  • Taking defensive driving courses 

Contact Prosper Insurance at (757) 248-5973 to inquire about potential discounts and determine your eligibility. 

4.      Annual Review 

Regularly reviewing your insurance policies is essential to make sure you have enough coverage and aren’t overpaying. At Prosper Insurance, we’ll review your policy to make sure the limits, deductibles, and premiums are right for you. Already a client of ours? Call our Account Review team at (757) 448-3820 to see when it’s time to review your policy. This is also a chance to discover any new discounts, compare quotes from various providers, and explore bundling options. Engaging in a yearly evaluation has the potential to result in cost savings, improved insurance coverage, and peace of mind. 

5.      Credit Score 

The cost of your insurance can be influenced by your credit score. Insurance companies frequently consider credit-based insurance scores when deciding on rates. If your credit score is higher, it suggests a lower level of risk, which could result in a reduced premium.  

To keep a good credit score, make sure to pay your bills on time and regularly check your credit report for any errors. By doing this, you can save money on insurance and enhance your overall financial well-being. 

By implementing these 5 ways, you save on insurance while still getting the coverage you need. Contact Prosper at (757) 248-5973 or visit our website – We will find the best deals for you by combining policies and searching for discounts for you. This is the time to protect your financial well-being while enjoying the benefits of affordable insurance coverage.