Unfortunately this time of year can be very stressful for many as we increase our expenses on vacations, gifts and events. One of the things I try and do year round is find ways to save people money on their insurance while still providing them with high value products that offer good protection.
So here are some cost saving tip ideas to ask your insurance representative about, I hope it will help you save on your insurance, and maybe even get you a refund on your annual premium if you make the changes now:
Here are some areas to explore
Children in College - you are paying a great deal for their school, take advantage of any benefits your policy may allow.
Exploring what coverages you can get for free - ex: Identity Theft, Legal Assistance, Roadside Assistance, Home Care. So many companies have come out with little mini plans to offer you these services, find out what you may already have in your policy, or what you could get at no cost, and save the cost off all your other plans (like credit card companies, banks, Roadside plans, etc).
Auto Insurance - How to cut costs, get all the discounts you're entitled to
"I am not going to have a loss, so I don't want to pay a lot on insurance" - Great plan, so consider increasing your deductible. It can make a difference.
The easiest option to save money on insurance: Make sure you have all the discounts on your policy that you are entitled to.
Remember the insurance companies are very competitive and they are constantly developing plans to offer value and savings. They know no one wants to pay more for insurance than they have to. Take a few moments, review your insurance with your representative and there is a good chance they will have ways to give you great coverage while still saving you some cost.
You do not want to find cheap insurance and sacrifice value, you want to find good products, that respond to your needs and protect you. Everyone is different, every situation varies. Make sure your insurance packages give you what you need to keep your home and family safe for the holidays and always!
If you are going away for a holiday vacation, don't forget to check out my vacation tips for safety, prevention and savings!