7 Tips Toward Helping You Reduce Your Insurance Costs
Not a year goes by that insurance rates go up. At least it seems that way. You can control ? even reduce ? your insurance expenses by following these seven easy to remember tips.
1. Combine Policies. If you own a home and you own a car, purchase your insurance from the same company. Some insurance companies reward those customers who choose to bundle their insurance together with discounts as high as 10%.
2. Adjust Your Deductibles. Perhaps you don't need a $200 home deduction. If you can live with a deductible of $500 or more you can save significantly from year to year.
3. Special Discounts. Depending on your age, there may be special discounts you can take that will also reduce your premiums.
4. Examine Your Policy. Oh, we do think they are correct ? right? Well, if your address is incorrect you could be paying more than you should. Check to make sure that your correct zip code is listed...it could cost you money if your insurer has you living in another neighborhood.
5. Abstain From Bad Habits. If you do not smoke or drink, make sure that your insurance company knows this. Your rate will drop accordingly if this is news to them.
6. Eat Your Losses. If you have a small claim, consider not submitting this information to the insurance company. Any claims you make can push up your rates down the road thereby costing your more in the long run.
7. Pay Now, Save Later. Instead of breaking up your premium into monthly payments, consider paying the entire premium at one time. Usually, insurers tack on a surcharge for the privilege of monthly payments.
You may also be able to save yourself some money by sticking with one insurer as they will reward regular customers with "loyalty" discounts. In addition, it may pay for you to have an alarm installed on your car or home, especially if you live in a higher crime area. Finally, meet with your broker from time to time to see how you can reduce your payments.
Matt Keegan is The Article Writer who covers topics from business to human interest to politics. You can view his site at http://www.thearticlewriter.com
What To Look For In Good Health Insurance
Health insurance is a kind of protection that provides payment of benefits for covered sickness or injury. Included in health insurance are various types of insurance such as accident insurance, disability income insurance, medical...(related: Insurance)
What Are The Differences Between A Cancellation Notice And Non-renewal Notice?
OK, you take that stroll down to the mailbox excitedly as you do everyday hoping to find the catalogue with all that neat stuff you want to buy or to find that magazine you love to read or to find that big check Uncle Bob sent! Come on, you know you love getting mail and really look forward to this daily ritual. You know that Mr. Postman has brought you something fun along with those pesky bills.However, sometimes you get mail that sca...(related: Insurance)
Life Insurance: Why Theres No Need To Be A Desperate Housewife
Life insurance looks set to make a comeback in the UK, after a period of neglect by consumers who were simply occupied with affording a home. The stabilising of the UK house market has made many consumers take a broader view to their personal finances.LifeSearch (a life insurance broker), in the September issue...(related: Insurance)
Cheap Health Insurance Rates And Personal Health Insurance
If you've been out of school for a couple of years or perhaps just graduated from college, you're probably a candidate for cheap health insurance. Once a person reaches a certain age they're no longer covered by their parents health insurance plan. If you're just starting out it's important to find cheap health insurance coverage. If you've just graduated from school or just started work and y...(related: Insurance)
Types Of Life Insurance
There are different types of life insurance policies available. Shop around and compare policies to ensure that you receive the best deal possible. This sounds obvious, however, there are dozens of different types of life cover plans available and it is important that you select the right one for your circumstances.Life Insurance is insurance that provides protection against the economic loss caused by the death of the person insured. There are several types of Life Insurance, each having different characteristics. Some of the key types of Life Insurance are: Term Life, Whole Life, Burial Insurance, Survivorship Life, Universal Life, and Variable Life Insurance. Outlined below is a useful description of each type:Term Life InsuranceTerm Life Insurance is the lowest cost and simplest product available. Term insurance is a...(related: Insurance)
Health Savings Account (hsa): What Happens To It When I Retire?
The Health Savings Account (HSA) is a great tool that is going to helpus all reduce our health insurance costs and avert the currenthealthcare crisis in America. But what happens when a personretires? What use is an HSA then?Your HSA transforms itself at that moment you turn 65, when youofficially become eligible for Medicare. Your Health Savings Account,which will have served you all those years as a nice financial cushionbefore you begin using your insurance policy, flips into something very similar to an Individual Retirement Account (IRA).<...(related: Insurance)
7 Sure-fire Ways Of Reducing Your Home Insurance Premium
Home security improvement:All insurance companies will happily offer you a discount for burglar alarms and smoke detectors. Homes with fire and burglar alarms that communicate with a third party monitoring company receive a higher discount on their insurance premiums.When possible, choose a higher deductible:To reduce your premium, it is best advised to increase the deductible to the extent you can afford. Your home insurance premium will fall by as much as 20% if you increase ...(related: Insurance)
Filing Homeowners Insurance Claim Forms: What Steps To Take
Filing a homeowners insurance claim can be done with ease if the proper procedures are followed correctly. Periodically reviewing your insurance policy and keeping up to date with what your duties and...(related: Insurance)
Health Insurance Online - Save Today
It is now possible to thoroughly research and buy health insurance online. Without health insurance, the smallest of incidents, accidents, or illness can leave you with expensive medical bills that most people would have difficulty paying. Even a short check up at the doctor's office for a sore throat, or minor illness can cost a couple hundred dollars. It's important for everyone to obtain health insurance, no matter how healthy you tend to be- because you simply cannot pre...(related: Insurance)
Uk House Insurance - The Risk Of Under-insurance
For many years in the UK, motor insurance has been a competitive marketplace. Consumers have been used to shooping around at renewal time with a host of direct companies available. The internet has further fuelled this change allowing more people to access better information when their policy is due for renewal.House insurance has until recently been a much more stable financial product. The relative stability of pricing, compared to a very fluctual motor isnur...(related: Insurance)
Life Insurance Basics
One of the most important things you can do as parents is to ensure the financial welfare of your children in the event of your death. Life insurance is the best way to be rest assured that your children will be taken care of if you die. Although we never like to think of that ki...(related: Insurance)