3 Things You Didn’t Know About Insurance Savings
Insurance is absolutely crucial to protect your health, life, and property. As necessary as insurance is, though, that doesn’t mean you should overpay to obtain it. Fortunately, there are plenty of ways to receive insurance savings that you probably don’t know about.
From small changes in lifestyle to pre-existing discounts, you may be overlooking, these savings can add up to serious money.
To help you get the best insurance rates, here are some insurance savings tips you probably didn’t know.
Your Finances Can Play a Role
While most people understand the role of their credit history in determining decisions for financial products, most people don’t realize that your credit history usually plays a role in your insurance rates, as well.
Since a solid financial history tends to indicate someone who is responsible, overall, insurance rates tend to be lower for those with a healthy credit score.
If you’re looking to save some money on your insurance rates, therefore, it helps to look into your credit situation to see if there are any improvements you can make.
It Pays to Shop in Person
While the convenience of buying insurance online is undeniable, there are often savings to be found when you shop for insurance in person.
By reaching out to your local agent, you can be sure that you’re receiving the coverage you need at the absolute best price.
When you buy online, you may not have access to all of the available insurance products, and you may answer some qualifying questions incorrectly unless you’re an expert on the insurance industry.
Ultimately, this could cause you to pay more than you should be paying, which an in-person experience can help remedy.
You Can Change Your Rates
Even though you may be locked into a certain insurance rate for a time with certain insurance products, that doesn’t mean you can’t make changes to improve your insurance rates.
Take life insurance, for instance. One of the main factors in determining your life insurance rates are the answers to your health screening questions.
If you make health improvements, such as losing weight or lowering your cholesterol, though, this may qualify you for a lower insurance rate.
You will only receive this rate, however, if you reach out to your insurance company since they don’t make it their business to keep track of your personal fitness.
It’s All About Trust
Ultimately, insurance is all about trust. It’s vital that you work with a trusted insurance agent who has your best interests at heart so that you can get the coverage you need at a fair price.
Talk to an agent from a company like Bear River Insurance for more information.
Navigating insurance coverage, while complex, doesn’t have to be difficult as long as you know who to talk to and what to look for.
Brooke Chaplan is a freelance writer and blogger. She lives and works out of her home in Los Lunas, New Mexico. She loves the outdoors and spends most of her time hiking, biking, and gardening. For more information, contact Brooke via Facebook at facebook.com/brooke.chaplan or Twitter @BrookeChaplan
Category: Insurance
