Not really, but often times we overlook spreading methods we come across that we all ready know – like these Five credits that can reduce your insurance costs.
Amy Hoak covers the basics that some people forget to tell their agent about.
- Live in a gated community? Credit!
- Have a security system? A little one? A BIG one? Credit may vary!
- Do they have your car insurance as well? The discount could offset the slightly higher cost you *may* incur.
The point is – are you asking your agent the right questions about getting discounts? They can add up – and every dollar counts.
posted in frugality, insurance |
It’s surprising how many people don’t realize what will cut your rates.
For my wife and I, we got our rates cut by a few factors:
- We shopped around. Luckily, we’ve got a great agency we work with that ran the numbers and factors and scored us a payment that lowered our insurance by $100.
- We increased our deductible. Both cars have $500 deductibles, and unfortunately we still need two cars (I’m researching the bus system – I’m being moved to a different building much closer to our home, but out of my wife’s way to work).
- Having our renter’s and car insurance (and then our Home Owner’s Insurance) with the same company, we’re getting a discount.
- Our credit scores are very good (well, mine is V.G. Hers is Excellent).
- We’re getting miscellaneous discounts:
*Being a paramedic, my wife has taken defensive driving courses – that equals a reduction in insurance!
*My wife’s wreck from three years ago is going off her record = reduced rate for her!
*I need to ask about AAA and being a good student – but I’m not sure if that will apply since it’s *my* insurance and not under my parents.
Thanks to this site I found this check list:
When you comparison shop, inquire about discounts for the following:*
[ ] $500 deductible
[ ] $1,000 deductible
[ ] More than 1 car
[ ] No Accidents in 3 Years
[ ] No Moving Violations in 3 Years
[ ] Driver Training Courses
[ ] Defensive Driving Courses
[ ] Anti-Theft Devices
[ ] Low Annual Mileage
[ ] Air Bags
[ ] Anti-Lock Brakes
[ ] Daytime Running Lights
[ ] Student Drivers with Good Grades
[ ] Auto and Homeowners Coverage with the Same Company
[ ] College Students away from Home
[ ] Long-Time Customer
[ ] Other Discounts
The key to savings is not the discounts, but the final price. A company that offers few discounts may still have a lower overall price.
*The discounts listed may not be available in all states or from all insurance companies.
For more information, call the National Insurance Consumer Helpline (NICH) at 1-800-942-4242
And naturally, after I do this, I stumble on these gems from the Consumerist:
10 Insurances You Don’t Need
DIY Title Search
Save On Insurance By Calling Around. Duh.
Pay Your Health Insurance Way Before It’s Due, A Cautionary Tale
HOWTO: Appeal Denial of Care
posted in how to, insurance, tips |