The majority of Americans are spending more than they need to for their insurance needs. If they would simply take ten minutes out of their day to shop online for a less expensive plan, they could be saving hundreds of dollars per year. This can be said for health, auto, and home or rental insurance.
Insurance is important to have for the safety and protection of your family. When accidents happen, you need to have your expensive belongings covered, otherwise you may lose them. Not paying for insurance at all is probably the worst way to save money. This may end up costing you much more in the long run. Finding a less expensive premium, however, is the best way to start trimming your finances.
At NetQuotes.com or eInsurance.com you can compare prices of insurance from all of the major carriers. This is the quickest way to shop for all of your insurance needs. The most important thing to keep in mind when shopping for a new insurance plan is to make sure you know what the plan offers. Believe it or not, different companies offer different packages. In order to obtain this information quickly you may want to call the company and ask a bunch of questions. Compare on plan to another to make sure you are getting what you need. Also, make sure you know what your deductibles are for each policy. Having a higher deductible can lower your monthly premium and visa versa. By switching to another plan or simply getting a higher deductible on your health insurance, auto insurance, and home insurance could save you any where from $100 to $1,200 per year!
Often times people are satisfied with their current insurance agent and do not want to switch to someone else for loyalty reasons. This is fine, but it still may be worth shopping online to find another price in order to negotiate a better price with your current agent. Use the research you find online to show them that you could be paying less with another company but will stick with your currently company if they reduce your premium a little. You have to be bold and confident when presenting this. Make it simple and just give a friendly reason of how you are trying to save money right now.
Discounts are almost always available, you just need to ask. These discounts are often such things as a discount for paying semi-annually or annually rather than monthly, or for having your monthly premium automatically deducted from you account. There may even be a discount for having all of your insurance needs packaged together in one bundle. You can often get a solid 10% discount if you ask for it. Think about it, this could result in $50 to $800 in savings for the year.
When it comes to insurance, do not make the mistake of thinking that you do not need it. Life will throw something your way, it is basically a guarantee. But, when it comes to paying for insurance, do not pay more than you have to. Take a little bit of time right now to find the plan that is best for you and start saving money