How To Save On Insurance As You Prepare For The New Year
How to Save on Insurance as You Prepare for the New Year
As the new year approaches, it’s a great time to evaluate your insurance policies. Reviewing and adjusting your coverage can help you save money while staying protected. In New Jersey, as prices rise, we want to help you find ways to lower your insurance bills. Here are some quick tips to maximize your savings:
1. Review Your Policies
Check your current policies for coverage you no longer need or updates based on recent life changes, like paying off a vehicle or downsizing your home. Let your insurance professional know when you pay off your vehicle so that they can remove the lienholder, depending on the company this could save you money.
2. Bundle Your Policies
Combine policies like home and auto insurance to take advantage of discounts and simplify management. Have you let us quote you a bundle policy, combining your home, auto, umbrella or commercial policies to help save you premium?
3. Raise Your Deductibles
Opt for a higher deductible to lower your premium if you’re prepared to handle higher out-of-pocket costs in case of a claim. The average person holds a $1,000 deductible. If you still have a $250 deductible it might be time to see what the savings could be.
4. Ask About Discounts
Inquire about discounts for good driving, installing security systems, paying premiums annually, or professional memberships. Some companies now offer discounts for having Ring cameras. Make sure you are reviewing all these features with your agent for you to be getting your maximum discount.
5. Shop Around
Compare rates from multiple providers to ensure you’re getting the best deal without sacrificing coverage. As an independent agent we can run your policy with 10+ carriers in NJ, NY, and PA. Shopping your policy around to make sure you have the best deal and coverage.
Start the new year with confidence. Contact BIS Improved Insurance Agency to review your policies and discover ways to save while ensuring you’re fully covered.
Contact us today at 973-683-1000
www.bisrm.com/contactus
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