Tips to Save Money on Insurance

Posted by Lisa Nichols Feb 27, 2008

Save money on car insurance, learn about discounts for homeowners insurance and get medical debt help. High premiums for insurance make it unaffordable for many people. Learning how you can save money on insurance can help take away the sting of high-cost premiums.

• You can save money on car insurance just by conducting an annual review with your insurance agent. Make sure that you don’t have too much coverage that you don’t need. Ask about additional discounts to save money on car insurance.
• Discounts for homeowners insurance can come from unexpected places, like an improved credit score. If you have issues in your credit history, you can work to correct them and might find an added bonus at your insurance company. Insurance carriers often provide customers with discounts for homeowners insurance when they have a good credit score.
• Get medical debt help to assist you with unpaid medical bills. Your unpaid bills drag down your credit score and can affect your ability to get the best loan rates. You might be surprised to learn that you can offer to settle your medical debt and improve your credit score with just one phone call.
• Generic prescription drugs can also save you money on your healthcare expenses. Most insurance companies offer a healthy discount for customers who request generic prescription drugs.

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