With the state of the economy today, many people are looking carefully at all of their expenses in an effort to save money. Insurance costs can be a big portion of people’s expenses, and it is no surprise that many people are looking to cut costs on their insurance, wherever they can.

Imagine for a moment if you will… standing in front of the ashes of your $950,000 home… Do you think you will, at that time, appreciate the $150 savings you received by reducing the coverage to $500,000? Probably not!

Regardless of whether the economy is good or bad, your odds of having a major fire or being involved in a major car accident are exactly the same as they have always been, so don’t sacrifice your future in order to save a few dollars today. Be sure that you budget appropriately, so that you can still provide coverage for your home, your cars and your Life Insurance.  Without further ado, here are our 4 Top Tips to Saving Money on Car Insurance:

 ➡ 1. Get a New Auto Insurance Quote: Need assistance in obtaining new quotes? Contact United Agencies for assistance. We can significantly save you money, without sacrificing great coverage or reducing your limits, regardless of who you are currently insured with. A savings on your annual payment premiums can result is thousands of dollars of savings over a five-year period.

 ➡ 2. Combine Home & Auto Policies Together with the Same Insurance Carrier & Save: Almost every insurance company offers Multiple Policy Discounts. Not only can you get 10-20% off your Homeowners, you can also get 10-20% off your car insurance. Requesting a quote is always a free service, so you have nothing to lose and everything to gain from it!

 ➡ 3. Raise your Deductible: There are still some people are stuck in “old school” ways of keeping a lower deductible. Unfortunately, prices have gone up on everything these days, and the size of claims have gone up, as well. The average working income is higher today, so inevitably, your deductible is also going to increase. Consider raising your deductible to $1,000, and you will save money on your monthly premium payments. Our UA agents are well trained and can help tailor a policy plan right for you and your exact needs, without sacrificing great coverage.

 ➡ 4. Review your Limits: While it’s uncommon today, there is always the chance you are actually “over-insured.” Have your agent review with you what you are actually insured for. For example, reducing Comp and Collision on older vehicles long after they have lost value can save on premium costs. Depending on your income and savings, you may find that you can afford to drop Comp and Collision on any vehicle with a replacement cost less than $2500.

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