44 Second Street San Francisco, CA 94105 (415) 512-2100 Facebook Twitter LinkedIn Google+ Yelp


Car and House

Personal Insurance

We provide a full range of coverages for your personal insurance needs. From the first time buyer, to high valued homeowner, automobiles, and umbrellas. We will review, quote, and secure coverages for your needs.

Get Started

Commercial Insurance

From the initial startup company to the publicly traded corporation, we will review, quote, and secure coverage for your business. We have found that transferring risk to an insurance company is often the most efficient way to protect your corporate assets and human resources.

Get Started

Health & Life Insurance

Protect the ones you love the most with the proper coverage for your needs. Everyone’s needs are unique and finding secure coverage can be stressful. Whether you want to cover your family, yourself or the people who help your business going, we’ll find the right plan for you.

Get Started

Safe Car

When it comes to auto insurance, we all want to get the right coverage for the lowest premium. Unfortunately, shopping for auto insurance can be easier said than done.

But don't give up on finding the best rate just yet. There are a variety of factors that could potentially save you money.

"The price you pay for your auto insurance can vary by hundreds of dollars, depending on what type of car you have and the insurance company you buy your policy from," says Loretta Worters, vice president of the Insurance Information Institute (III).

Keep reading to learn more about other tricks to help lower your rate.


Tip #1 – Use an Independent Agent

There's a reason why Black Friday and Cyber Monday are such popular days for consumers: We all like to shop for a good deal. And while shopping for auto insurance is not as exciting as finding the right big-screen TV, it could result in a lot more savings.

An independent agent will shop your quote with many different carriers, so you can get the best coverage at the best price.


Tip #2 - Ask for Discounts

Instead of waiting to be offered discounts, ask about them. The fact is, your insurance carrier may not know that you just got married or you finally took that driver's education class - both of which could dig up some savings for you.

What else could help you save? Here's a partial list of possible discounts:*

  • Low-Mileage Discount: applies when you drive less than 10,000 miles per year, according to III
  • Good Student Discount: generally requires a B average for a full-time student
  • Anti-Lock Brakes, Anti-Theft Device, or Air Bag Discount: usually must be factory installed
  • Driver Education Course Discount: applies when you complete a defensive driving course
  • Bundled Insurance Discount: applies when you have auto, home, or renter's insurance with the same company

Tip #3 - Check Your Credit

A good credit score isn't just ideal for buying a car or a house - in many states, it could also lower your auto insurance rate.

"Most insurers use credit information to price auto insurance policies. Research shows that people who effectively manage their credit have fewer claims," says Worters. "So establishing a solid credit history can cut your insurance costs."

And while some states like California, Hawaii, and Massachusetts do not allow insurance companies to use credit-based insurance scores, most states do.

What does this mean for you? Worters suggests paying your bills on time, only obtaining credit you need, and keeping your credit balances low as ways to improve your credit score.

Here are a few other tips and tricks to consider:

  • Get at least three quotes and compare rates, either over the phone or online.
  • Give the same information to all companies. This ensures a more accurate comparison.
  • Use rating companies such as A.M. Best Company and Standard & Poor's to check out a company's financial health.


Tip #4 - Consider Raising Your Deductible

If you file a claim, a deductible refers to the amount you pay before your insurance policy covers it. If you have a higher deductible, your insurance premium could be lower. And the potential for savings might surprise you.

"Increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 to 30 percent. Going to a $1,000 deductible can save you 40 percent or more," says Worters.

But remember, before increasing your deductible payment, make sure that you have enough cash set aside to pay it in case you do have to file a claim.


Tip #5 - Don't Over-Insure

If you lived in a 100-year-old shack, you probably wouldn't pay a lot for home insurance, right? Same goes for an aging car, yet many people neglect to drop coverage that they'll likely never use.

Specifically, Worters advises dropping collision and/or comprehensive coverage - which protects your car in the event that it's damaged - if you drive an older car.

"If your car is worth less than 10 times the premium, purchasing the coverage may not be cost-effective," she says.

But make sure to check the worth of your car before making this decision, says Worters. You could find out your car's worth through banks, auto dealers, or online with Kelley Blue Book.


Tip #6 - Lose Your Kid

No, no, we don't mean lose little Bobby or Sally at the mall or Disneyland. We're talking about removing them from your auto insurance policy if they've grown up, gone away to college, and only visit home occasionally - i.e., they only drive your car on weekends or during holiday vacations.

How can this help your auto insurance rate?

According to the National Association of Insurance Commissioners' (NAIC) website, if your child lives away at school - at least 100 miles - and has less access to the insured vehicle, you may be able to take advantage of insurance discounts.

*All discounts are not available from all insurers, and amounts vary with coverage and carrier. (Source: Yahoo)

Get a San Francisco car insurance quote today.
Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive

View Mobile Version
Contact Us
Latest Blog Posts   Checklists

Personal Insurance We offer many different ways to help you cover your valuables. Check off the coverages you would like to discuss with us. Start >>
Commercial Insurance Each business is unique and requires a unique policy. Check off the coverages you would like to discuss with us. Start >>
Health & Life Insurance Be prepared for the road ahead. Let us know what services you are interested in learning more about by filling out this checklist. Start >>
Our Partners
Our Location About Sweet & Baker Commercial Services Personal Services Health & Life
Sweet & Baker Insurance Brokers
44 Second Street
San Francisco, CA 94105 - 3440
Phone: (415) 512-2100
Fax: (415) 512-1115
M-F 9am-5pm
License# 0B60897
Our Team
Compensation Disclosure
In The News
Insurance Links
High Value Homes
Estate Planning
How to Choose A Plan
Directory of Providers
Employee Connection
HR Services / HR Hotline Alert
Life Insurance for Key-Person
Maxwell Health ThinkHR