Before you decide if bundling insurance is right for you, it’s important to know how to get the best deal. Consider these tips when you shop around to help you find the right plan.

Think about how much coverage you need. You might be paying too much for insurance, especially if your coverage limits are too high. For example, if you own your vehicle outright, you might be able to downsize from a full coverage policy to liability-only. Look at your current coverage limits and coverage amounts to help you decide if you should lower them to help you save.

Shop around. Take some time to compare the costs of insurance with several different companies and agencies. Take a look at the cost of separate premiums and then compare them to bundled discounts that each insurance company offers you. You might be surprised that buying individual plans from cheaper companies is sometimes less costly than if you were to bundle them together with more expensive insurers.

Insurance company or agency. In some cases, an insurance agent can get you a better discount on coverage and insurance bundles. Ensure you know exactly who you’re working with, whether it’s the actual insurance company or an agent before you commit.

Revisit your insurance. Although most insurance holders keep the same policy for years, it’s a good idea to do some price shopping every few years or so. Sometimes, you could be eligible for additional discounts, or you might realize that your coverage needs have changed. Make sure you revisit your coverage plans occasionally to determine whether you need to make changes.

Don’t be afraid to switch. Even if you’ve been with the same insurance company for years, it doesn’t mean that you can’t change to a new one. If another company is offering you a much better price, it’s perfectly fine to transfer your bundle elsewhere.

This article is the second of a four-part series.

Originally posted on Porch.com