3 Essential Tips to Get the Best Insurance Deal
When buying insurance, many people make the mistake of thinking “less is more,” but scrimping on insurance rarely saves money in the long run. Sadly, when the time comes to submit a claim, people often realize what an expensive mistake they made. Get the best deal on insurance without paying the ultimate price or sacrificing your financial future with these quick tips:
Schedule a time to speak with your agent in person. Whenever you change policies or have major life events, it is important to sit down with your agent to review your insurance needs. Make a list of belongings as well as changes to your personal status in advance. Many people are surprised to find they are eligible for discounts simply because a vehicle has reached a certain age or their driving habits have changed. Your agent will be able to provide greater insight into your specific needs while identifying discounts you may not have thought about.
Coordinate benefits and stick to one provider. While it might be tempting to change policies every year in search of the elusive discounts, in the long run it rarely pays to keep jumping from company to company. Not only does it increase the likelihood of duplicating insurance coverage, but many companies provide long-term customers with additional discounts.
Buy all your insurance from one provider. Having your automobile, homeowners and umbrella policies with one provider is a fast way to save 5 to 10% or even more.