Wednesday, July 18, 2012

How to Save Money On Insurance

  1. Go back on your parents’ health insurance. If you’re under 26 years old and live in the United States, you can likely go back on your parent’s health insurance plan.  Here’s more information.
  2. See if your income qualifies you for state-funded health insurance or free or reduced price lunches for your children at their school(s).
  3. Call your home insurance company and see what you can do to reduce your premiums. Can you remove your pool’s slide?  Can you install better fire detection equipment?
  4. Use a service like NetQuote.com to compare insurance rates from different companies before purchasing an insurance plan.
  5. Consider bundling your insurance policies. Some insurers will offer large discounts if you buy multiple policies from them.  For instance, you can sometimes get a large discount if you buy both car and home insurance from the same company.

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