There are several proven ways to save money on insurance:

• Always work with an independent insurance broker who will obtain multiple quotes.
• There is a big difference between a captive insurance agent and an independent insurance broker.
• Captive insurance agents represent and are committed to their insurance company. Captive insurance agents include Farmers Insurance, State Farm Insurance, and Allstate Insurance.
• Only an independent insurance broker, who represents the insured, can provide an unbiased recommendation that clients can rely upon. Independent insurance brokers obtain competitive bids from several insurance companies in order to obtain the best price and policy terms for their clients.
• Independent insurance brokers provide claims service. Unlike most captive agents, your independent insurance agents will assist you in completing any claims forms and will advocate for you instead of the insurance company.
• Independent insurance brokers provide their clients with annual reviews to make certain their clients are always receiving the best value for their money. The insurance market changes from time to time making the annual review process a valuable service.
• There is no extra cost for the services provided. Independent-insurance brokers are paid by each insurance company. Clients pay the same price for a policy regardless of whether they are represented by an independent insurance broker or buy directly from the company.
• Don't automatically stick with one insurance company. At least three months before your policies end, start shopping for a better quote. Insurance companies are not loyal. They will drop you in a minute if it is in their interest to do so. Protect yourself by having your independent insurance broker shop for you. Always compare.
• Bundle your policies in order to maximize discounts. Home insurance, car insurance, boat insurance, etc. can often be bundled with one insurance company in order to save money. These types of discounts can be substantial.
• Select the highest deductible consistent with your ability to assume risk. Policies with high deductibles are always more cost effective and are less likely to be non-renewed.
• Improve your credit score. Most insurance companies use a credit based score to establish insurance rates initially and at the time of renewals.
• Ask your independent insurance broker about potential discounts for auto insurance: (1) accident free driving record, (2) multi-car, (3) good student, (4) electronic invoicing, (5) low mileage use, and (6) work from the home discount.
• Pay for your policies in advance with a single payment.