Tuesday, January 4, 2011

How to Save on Your Insurance

Five Sure-Fire Ways To
Reduce Insurance Costs...

Would you like to learn how you can trim your insurance bills up to 20-30 percent? Here are five simple ways you can save on insurance:

1. Shop for the best price. This is the most obvious way to reduce rates. Contact various insurance providers in your area for bids.
2. Buy your home and auto coverage from the same company. Many insurance companies offer a discount when you sign up for both.
3. Increase your deductible. You can save up to 30% on your homeowner’s policy by raising your deductible from $250 to $1,000.
4. Install a security or fire alarm. You can save up to 20% when you have an alarm that notifies an outside company in case of theft or fire.
5. Take health and age discounts. If you’re a nonsmoker or if you’re over 55, you can receive discounts from many insurance carriers.

For more information, the National Association of Insurance Carriers (www.naic.org) has an outstanding website for consumers.

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