When you’re first getting out there in the world solo and standing on your own two feet, it can be a scary but exhilarating time. With so many new and exciting things to take care of from organising your mortgage or your lease on a rental property, getting your keys, packing and moving and even buying or leasing your first car you might forget a couple of important little factors like insurance. Insurance seems like something you wouldn’t forget but it’s surprising how it slips by so many people and they’re left scrambling the day before or the day of possession. Here are a couple great tips for getting a fantastic deal on insurance.
Bundling your home and auto insurance together not only saves time, but money as well. Who wants to be looking for different bills from different insurance providers when it comes time to pay everyone what’s due for the month? Instead, get all your insurance from one place. Not only is it easier, but most insurance providers will give you a deal on bundled products together too, often netting you a bit of a discount that you wouldn’t get by purchasing two different products from different companies. A win-win really, and if you’re planning on taking a trip somewhere you can sometimes get a deal for being an existing customer with multiple products already too.
Beware The Fine Print
Fine print on insurance policies can sometimes be the downfall for a lot of people looking to save money on home, auto, travel or contents insurance. Fine print can sometimes indicate that the member needs to be a standing member for so much time with the insurance company in order to get the specific deals that are on offer or must sign a 12 or 18 month contract and the like in order to get specific discounts. While this may not be a bad thing, it can be if you are combining households in the middle of a term and going with your partner’s insurance plans instead of keeping your own. In this case you may sometimes need to pay a cancellation fee or the like to break your contract, which can be a huge unnecessary expense that you don’t need when moving house or buying a car.
Price and Service Compare
This is one of the best ways to save money on home, auto and travel insurance amongst other types of insurance you can get as well. Price comparison allows you to look at various insurance plans, their quotes and what your money will get you so you can make the best decision for what you need. Don’t be duped by fancy commercials or other advertisements, make the comparison for yourself!
So if you’re looking to save money on insurance of any kind, you would love to know that often creating a relationship with the same company over a period of time can actually net you some significant discounts. Whichever company or package you choose though, always remember to compare services and prices for the ultimately best deal possible.