A Few Things You Can Do To Save Money On Your Insurance:
Bundle your policies. By insuring your automobiles, home, umbrella… with the same company, you will save money.
Customers can save up to 30% by participating in a telematics program. You use an app on your smart phone or plug a monitoring device into your vehicle’s diagnostic port. It monitors hard breaking, acceleration, time of use and mileage. You can monitor your progress online. The programs typically only last about three months. Once your discount is earned, you discontinue using the app or device and retain the discount for as long as you own the policy. Nationwide, Progressive and Safeco offer telematics discounts.
Raising the comprehensive and collision deductibles on your auto insurance policy will save you money. The higher your deductibles, the lower your premium.
Raise your homeowners insurance deductible to at least $1,000. The higher your deductible , the lower the cost.
Adding a central alarm system will reduce your homeowners premium.
If you have students in your household with a ‘B’ grade average or better, make sure you are receiving a Good Student Discount. Also, students going to school over 100 miles away without a vehicle receive a discounted rate.
If you are 55 or older you can save 10% on your auto insurance by taking a state approved defensive driving course. This course can be taken at a local classroom or online at websites like aarp.org.
Do you have roadside assistance and/or rental reimbursement coverage? If you have no need of these coverages, request them to be removed to lower your premium. If you do want these coverages, it’s a good idea to check your policy or ask your agent if you have them.
Consider removing comprehensive and collision coverage from older vehicles.
If you are 65 and retired, ask to have the PIP work loss benefits excluded from your auto insurance policy. For drivers 60-64 years old to be eligible for PIP Work Loss Exclusion you must be retired and receiving a pension.
Consider purchasing a Nationwide Term Life Insurance Policy through our agency. Nationwide life is rated A+ by A.M. Best and has very competitive rates. If your auto insurance is also with Allied/Nationwide you will receive a 5% discount off your auto insurance premiums. Get a quick life quote today.
Check your credit. If you have negative items on your credit report, this can adversely affect your insurance premiums.
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