Save on Renters Insurance

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Most insurance companies offer discounts on home owner's or renter's insurance if a monitored home security system is installed. The best way to find out is to call your insurance company directly. If you're still shopping for insurance, consider asking before you sign up. Savings are generally 5-20%.

There are also other ways to save on insurance. Consider increasing your deductible to lower your monthly premiums. Maintain a good credit score as it helps lower your insurance costs (renters and auto). Use the same provider for auto and renters insurance, as many companies offer a discount if you buy more than one product. Most insurance companies also offer discounts for “protective devices,” including smoke and fire detectors and fire extinguishers.