{"id":126,"date":"2018-12-01T22:55:31","date_gmt":"2018-12-01T22:55:31","guid":{"rendered":"http:\/\/www.minnesotathinktank.com\/?p=126"},"modified":"2018-12-01T22:55:31","modified_gmt":"2018-12-01T22:55:31","slug":"insurance-advice-to-save-you-time-and-money","status":"publish","type":"post","link":"http:\/\/www.minnesotathinktank.com\/insurance-advice-to-save-you-time-and-money\/","title":{"rendered":"Insurance Advice To Save You Time And Money"},"content":{"rendered":"

Any kind of general liability insurance<\/a> policy that you invest in has got to be properly researched before signing on the dotted line. Education about the subject is the key to getting the coverage that you need, in order to protect your family and your investments. Read through the following article carefully, so you do not miss any tips that you could benefit from.<\/p>\n

Get lower insurance rates by paying for your insurance annually or twice a year instead of monthly. Most insurance providers give a good discount for paying up-front. Additionally, many insurance providers charge a monthly fee of $2-$3 in addition to higher rates for monthly payment, so your savings can really add up when you pay in advance.<\/p>\n

If you’re suddenly ill or injured while outside your country, will your health insurance allow you the leeway to determine whether, or how, you will get back home for treatment or surgery? To be abroad with a medical emergency is scary enough. Make it a priority to look through your health insurance policy and choose one that will cover your trip back home in the event of a health emergency.<\/p>\n

Make sure to compare prices from multiple insurance companies before making a choice of who to sign with. Premiums can vary up to 40% between different companies for the same levels of insurance. With insurance shopping around is an absolute must if you want to get the most bang for your buck.<\/p>\n

Thoroughly read your insurance policy, and do so several times. Many people do not bother reading their policies at all before they sign them, and later find out that they are overpaying, or that their policy was actually inadequate concerning important coverage details. Paying special attention to detail when reading through, can help prevent this.<\/p>\n

Check with the company that holds your car insurance or life insurance policies to see if they also offer renter’s insurance. Many companies offer significant discounts when you hold multiple policy types with them. Don’t assume that it’s the best price though, make sure to always have quotes from a few companies before making a choice.<\/p>\n

Find an insurance broker who works with several major, reputable companies. These professionals, after reviewing your records, can compare different companies’ offers and can choose the best coverage for the best premium. Some of these brokers continue to shop around for you and switch your carrier when another company offers the same coverage for a more reasonable premium.<\/p>\n

Once you paid for your insurance policy or made the first payment, be sure that the paperwork is forwarded from the broker or agent to the company. Insist on getting a receipt which references your policy number. You should receive a written policy from the insurance company, 30 to 60 days after purchase.<\/p>\n

When selecting your insurance coverage, be aware of your assets. People with more assets to protect, especially homeowners, should have more insurance coverage than people with fewer assets. This is because if you are underinsured for your auto, for example, and you get into a major accident that causes hundreds of thousands of dollars in damage, you could end up liable for those damages and lose your assets.<\/p>\n

Filling out an application for an insurance policy online and\/or receiving an insurance quote does not mean you are covered so you must still pay all premiums do on your current insurance. You must continue to do that until you get a certificate of insurance from your new insurance company.<\/p>\n

It is very costly to add a teenage driver to your auto insurance policy, so it should only be done under certain circumstances. Only do this if you are positive that your teen is a safe driver and only if they have had driver’s education classes, since that will decrease the likelihood of them getting into an accident.<\/p>\n

Make sure all information provided during the insurance application process is correct. Providing incorrect information or deliberately withholding information could lead to your policy being declared void if you ever submit a substantial claim. No matter your prior claim history, it is better to provide full information and ensure you are covered than risk not having coverage when you need it.<\/p>\n

As an aside to watching your expiration dates, make sure that you give yourself enough time to properly renew the policy. There are no grace periods when it comes to insurance. Once it ends, it ends. When you reach the expiration date and you have not renewed it, you have to reapply for coverage.<\/p>\n

Seek out estimates from your own sources. If you are thinking about filing a claim with the insurance company, you should contact a company you can trust. Don’t ever count on insurance company representatives. You should hire your own estimator. It doesn’t matter whether the insurance company makes an estimate before you are able to. You should still have an independent estimate done.<\/p>\n

If you’re looking to save money on your premiums, increase your deductible. If the insurance company will have to pay less in the case of an accident, that means they need less of an investment from you through premiums to cover your policy. I would highly recommend taking at least part of the discount and putting it away to cover the deductible if you ever do need to pay it.<\/p>\n

To really price shop for insurance you need to get quotes from different sources of information. The Internet may seem easiest, but it may also be stacked towards a handful of providers. Also consult a local independent agent with some personal connections and relationships. There’s also no shame in making a few phone calls. These options may turn up numbers and leads that a website server won’t give you.<\/p>\n

Now that you have taken the time to read through the preceding tips, you are on your way to making an educated decision about your insurance policy. You can never be too educated about insurance because the more information you have, the less likely you are to make a mistake.<\/p>\n","protected":false},"excerpt":{"rendered":"

Any kind of general liability insurance policy that you invest in has got to be properly researched before signing on the dotted line. Education about the subject is the key to getting the coverage that you need, in order to protect your family and your investments. Read through the following article carefully, so you do […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"http:\/\/www.minnesotathinktank.com\/wp-json\/wp\/v2\/posts\/126"}],"collection":[{"href":"http:\/\/www.minnesotathinktank.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.minnesotathinktank.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.minnesotathinktank.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.minnesotathinktank.com\/wp-json\/wp\/v2\/comments?post=126"}],"version-history":[{"count":1,"href":"http:\/\/www.minnesotathinktank.com\/wp-json\/wp\/v2\/posts\/126\/revisions"}],"predecessor-version":[{"id":127,"href":"http:\/\/www.minnesotathinktank.com\/wp-json\/wp\/v2\/posts\/126\/revisions\/127"}],"wp:attachment":[{"href":"http:\/\/www.minnesotathinktank.com\/wp-json\/wp\/v2\/media?parent=126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.minnesotathinktank.com\/wp-json\/wp\/v2\/categories?post=126"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.minnesotathinktank.com\/wp-json\/wp\/v2\/tags?post=126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}