Trondson Agency Newsletter
February 2026
Written by Elijah Kaasa

Insurance prices seem to increase every year, leaving many people wondering whether they are getting the best value for what they pay. The truth is that most people are unaware of several simple ways to reduce insurance costs without sacrificing proper coverage. Below are a few practical strategies worth considering.

Money Saving Tip of the Month
Check Your Deductibles

Choosing the right deductible is one of the easiest ways to control insurance costs. It is important to discuss potential claim scenarios with your insurance agent to determine what makes sense for your situation.

For example, if you currently have a one thousand dollar deductible on a mid to high value home, increasing it to twenty five hundred dollars may be worth considering. Smaller losses under that amount are often better handled out of pocket. A higher deductible reflects a greater tolerance for risk, which can lead to meaningful premium savings over time.

Top Five Ways to Lower Your Insurance Costs

1. Review Your Coverage Each Year
   Insurance policies change over time as property values, rebuilding costs, and personal circumstances evolve. An annual review helps ensure coverage remains accurate and prevents paying for outdated or unnecessary protection.

2. Bundle Policies When Possible
   Combining policies such as home and auto insurance or packaging commercial coverages together can often qualify you for multi policy discounts.

3. Focus on Risk Improvement Instead of Just Price Shopping
   Insurance companies reward lower risk. Installing security systems, maintaining your roof, and taking preventative maintenance steps can positively impact premiums.

4. Ask About Available Discounts
   Many policyholders miss discounts simply because they are never discussed. Examples include claim free discounts, association memberships, and paperless billing or automatic payment options.

5. Adjust Deductibles Strategically
   Balancing deductible levels with your financial comfort and risk tolerance can significantly affect premiums. The goal is to align coverage with how you would realistically handle smaller losses.

Real Client Scenario

Recently, a homeowner moved their coverage to our agency and completed a needs based analysis. During our conversation, we learned they had a history of paying smaller expenses under five thousand dollars out of pocket rather than filing claims. While filing a claim can sometimes feel like the right decision, avoiding smaller claims often prevents future premium increases.

Based on their comfort level, we increased their deductible to five thousand dollars, which reduced their annual premium by approximately fifteen hundred dollars while still maintaining strong protection for larger losses.

Thanks for reading! If you would like a complimentary coverage review to identify areas where you may be overpaying or under protected, please feel free to contact me through the quote form on my website, by calling our office, or by sending me an email.

Office: 615-560-1212

Email: Elijah@myinstn.com