Comments on: 8 Insurance Renewal Tips: How We Saved 20% on Insurance

By: John

John — Thu, 17 Mar 2016 00:43:42 +0000

In reply to Andrew @ LivingRichCheaply. Absolutely, Andrew. Multi-policy discounts are great! Thanks for coming by and commenting!

By: Andrew @ LivingRichCheaply

Andrew @ LivingRichCheaply — Wed, 16 Mar 2016 20:33:23 +0000

Another way to save on insurance is if you bundle your policies. I have homeowner’s insurance as well as auto insurance with the same company. Good point about dropping certain coverages. I should have done that earlier as my car is old and has a ton of miles. No point keeping comprehensive coverage as the KBB value isn’t much more than my deductible.

By: John

John — Thu, 10 Mar 2016 18:44:21 +0000

In reply to Jim @ Route To Retire. Hi, Jim. Thanks for stopping by and commenting. Yes, it may be time again to check out the rates. Underwriters seem to continually change how they assess risk and it’s reflected in the rates. My policy is to shop it every other year (unless there is a large rate increase) and often I end up changing carriers. The great thing about an independent agent is I don’t have to go through all of the questions from captive agents multiple times! Ugh.

By: Jim @ Route To Retire

Jim @ Route To Retire — Thu, 10 Mar 2016 16:24:49 +0000

This is something I need to do again. I’ve always gone through a broker for as long as I can remember. A handful of years ago, I decided to check with a couple other companies (contacting them directly) just to see how I was doing.
They both said that they couldn’t beat my rates, so that was reassuring. However, I think it’s something that everyone should be doing every couple years, which means it’s time for me to get off my butt and see what else is out there. — Jim