Insurance exists to keep you and your investment(s) safe, but how do you get the right coverage and properly utilize it?
When purchasing any type of insurance— whether for your home, automobile, or even your pet— attempt to see if the company offers some kind of bundling discount. Many times, if you have several different policies, for example, renter’s insurance and auto insurance, you will get a discount on both. For apartment dwellers usually, renter’s insurance is mandatory, so asking this question is tantamount to guaranteed savings. By way of conclusion, bundle and save money!
Look into multiple insurance policy discounts. When you bundle your insurance contracts with one company, you will often get a discount of 10% or more. If you currently have home insurance with a company that you are satisfied with, contact them and get a quote for auto or life insurance. You may find that you will get a discount on every policy.
Lately, insurance companies have begun to check your credit score when calculating your insurance premium. If you maintain a good, clean credit score, you don’t have to worry about them tacking on unneeded fees and raising your premium. A good credit score seems to make you less of a liability to them.
If you are an empty-nester moving to your new home, don’t take the risk of your hard-earned household items and valuables being damaged or lost in transit. Spend the money to insure your goods while they’re being moved to your new empty nest. Many moving companies offer such policies, and they are well worth the incremental extra expense.