For example, premiums of three $400k sum assured term plans may be more expensive than one single $1.2m term plan. This is due to discounts given with larger sized policies, thus reducing your insurance expenses in total. If in doubt, do speak to a qualified adviser first. Read this art...
Ways to Cut Down Life Insurance Premiums: Start Early, Quit SmokingStart early to lower life insurance premiums--TORONTO - Experts say a life insurance policy...By TaguicanaJane
As a whole, the homeowners insurance industry has lost money in three consecutive years and insix of the last seven years. The problem hit a local peak with losses of $24.5 billion in the first half of 2023according to The Associated Press. Fortunately, there are ways you can lower your ...
Insurance premiums, whether for auto, home or health insurance, can be a significant expense. Every year, take the time to compare rates from different providers to see if you can find a lower premium for the same level of coverage. Be sure to compare not only the cost but also the cove...
3. Change up your insurance. Insurance premiums can take up a significant portion of your income. The average home insurance premium is nearly $1,300 annually, and the average car insurance premium is just under $1,200. Fortunately, there areways to reduce auto insurance costsand free up mo...
Before you dive into any of the savings tips, it’s essential to understand your current financial habits. Track your expenses for 30 days to evaluate yourfixed and variable costs. Fixed costs are expenses like rent, insurance premiums and car payments that don’t change monthly. Variable costs...
“We are seeing some property insurance availability issues in Colorado and coastal areas of the Carolinas due to escalating climate risks and home insurers reducing their risk exposure in these areas,” says Mark Friedlander, director of corporate communications at the Insurance Information Institute. ...
Every driver needs auto insurance, but finding affordable protection need not be out of reach. You may save a lot of money on auto insurance if you take the time to educate yourself and implement certain preventative measures. Here are five tried-and-true methods for reducing auto insurance co...
The average cost of car insurance is $2,314 per year for full coverage car insurance and $644 per year for minimum coverage. With car insurance premiums on the rise, it’s likely drivers will soon see even higher premiums. But that doesn’t mean there’s nothing you can do about the ...
a lifesaver. You can accomplish this through ahealth savings account (HSA)if you have an eligiblehigh-deductible health plan (HDHP). What’s more, those who are self-employed can often deduct the cost of health insurance premiums for themselves, their spouses, and children up through...