Buy policies from the same insurer
Many insurers will give you a discount if you purchase two or more types of coverage from them, Danise says. These discounts are typically offered to customers who buy homeowners, auto and umbrella policies from the same insurer, but a few companies offer discounts on life insurance, too,
Don’t automatically assume, though, that it’s cheaper to put all of your policies under one roof, says Joel Ohman, a financial planner and founder of InsuranceProviders.com. Discounts for multipolicy coverage range from 5% to 20%. If the discount is on the low end, you may get a better deal by buying policies from different companies, Ohman says.
Comparison shopping is particularly important if you have dings on your driving record, Danise says. Some insurers charge much lower rates for people with blemished driving records, she says.