Key takeaways
- Match limits, deductibles and coverage types before comparing prices.
- Get at least three quotes, and ask each insurer for every discount you qualify for.
- Don't cancel your old policy until the new one is active.
The cheapest quote isn’t a good deal if it quietly covers less. Use this checklist to make sure you’re comparing the same protection.
Before you request quotes
Have these ready:
- Your current policy’s declarations page, which lists your coverage, limits and deductibles
- Driver’s license numbers and vehicle identification numbers (for car insurance)
- Your home’s square footage, roof age and any updates to wiring, plumbing or heating (for home insurance)
- A rough list of claims and tickets in the past five years
Car insurance: match these
| Coverage | What to compare |
|---|---|
| Bodily injury liability | Per person / per accident limits |
| Property damage liability | Limit |
| Uninsured/underinsured motorist | Limits |
| Collision | Deductible |
| Comprehensive | Deductible |
| Extras | Rental car, roadside assistance, gap coverage |
Home insurance: match these
| Coverage | What to compare |
|---|---|
| Dwelling | Rebuild cost amount; extended replacement cost? |
| Other structures | Limit (often a % of dwelling) |
| Personal property | Replacement cost or actual cash value |
| Liability | Limit |
| Loss of use | Limit or time period |
| Deductibles | All-perils, plus any wind, hail or hurricane deductible |
| Endorsements | Water backup, scheduled jewelry, service lines |
Renters insurance: match these
Personal property limit, replacement cost vs. actual cash value, liability limit, deductible and any limits on electronics or jewelry.
Life insurance: match these
Death benefit, term length, whether the premium is guaranteed for the full term, and any riders, such as a conversion option.
Questions to ask every insurer
- What discounts am I getting, and which others could I qualify for?
- How does a claim change my premium?
- Is this price for six months or a year?
- Are there fees for paying monthly?
- Does this quote use a credit-based insurance score? (Allowed in most states.)
Switching safely
- Start the new policy first, then cancel the old one effective the same day to avoid a gap.
- Ask for a refund of any unused premium from the old insurer.
- Update your lender if you have a car loan or mortgage; they need proof of coverage.
For more ways to save, read our guide to lowering your insurance costs.
WalletJolly may earn a commission from links on this page. Rates, prices and rules mentioned are current as of Oct. 28, 2026 and can change. This article is general information, not financial, tax, insurance or legal advice.
