Typically, the higher your deductible, the lower your insurance premiums. Boosting your premium by $500 to $1,000 could save you as much as 25% on your premiums,according to the Insurance Information Institute. When choosing your premium amount, consider the cost of repairs or other issues th...
Insurance companies typically consider you to be at lower risk of getting into an accident since you’re not on the road as much. As such, they might reward you with a lower insurance premium. 6. Improve your credit Insurers use credit-based insurance scores to help price premiums, except ...
Speeding tickets, accidents and other traffic violations drive up car insurance premiums. If you get a ticket, you may be offered the opportunity to go to traffic school to get it dismissed or reduce the number of violation points that go on your driving record. » MORE:Does a speeding ti...
Inmy last articleI discussed some ways you can lower your disability insurance premiums. Now let’s turn our attention to a more exciting topic: investments. Going along with the previous theme, there are ways you can reduce your investment costs and maybe boost your bottom line at the same ...
We call this our Pennies from Heaven Strategy, and it regularly saves our clients 10% to 30%. Read more: I Can’t Afford My Life Insurance Premiums. Now What? Life Insurance Questions For example: A 45 year old man buying a $500,000 20 year term can save about $13,200 over the ...
No more mortgage insurance: If your home appraises for a higher value, it increases your equity stake— to a level that leads to the elimination of private mortgage insurance premiums. Aesthetics and function: Upgrades increase your enjoyment and use of your home.$...
If you can't pay consumer debts, such as auto loans or mortgages, explore your options with the lender first before turning to high-rate loans. 15. Cut your insurance premiums Shopping around can help you save on homeowners insurance. You could potentially save 10% or more with a new ...
If you’re interested in learning more about car insurance, check out How Car Insurance Premiums are Calculated next. Get Your Free Car Insurance Quote Take a few minutes to get a competitive auto insurance quote online* Start My Quote Learn More Things Our Lawyers Want You to Know Share ...
"Many organisations raised the bar in terms of their empathy for customers during 2020—from bank loans getting frozen for customers undergoing financial hardship to insurance premiums being drastically reduced because people were in the middle of lockdown and not driving their cars enough," says Mot...
financial hardship to insurance premiums being drastically reduced because people were in the middle of lockdown and not driving their cars enough," says Motteram. "In 2021, we will see customers expecting companies to continue to be more empathic and flexible than they’ve been in the past. ...