Insurance coverage is a crucial a part of a wholesome monetary life. Some varieties of protection are non-obligatory, corresponding to life and incapacity insurance coverage. However different sorts, corresponding to auto and householders, are required by legislation or by your lender.
Whereas each driver will need to have some quantity of auto insurance coverage, you shouldn’t put your coverage on autopilot! In case you don’t commonly store and examine charges and benefit from reductions, you’re most likely overpaying to insure your new or used automotive.
In case you don’t commonly store and examine charges and benefit from reductions, you’re most likely overpaying to insure your new or used automotive.
I interviewed Leslie Kasperowicz, an insurance coverage skilled and managing editor with AutoInsurance.org, for recommendations on how people and households can get monetary savings on auto insurance coverage. Sadly, when you have a teen driver, the price of including them to your coverage could also be shockingly excessive.
Leslie spent a number of years with a high insurance coverage service, working immediately with prospects. For greater than a decade, she’s been an insurance coverage author, with articles and information research featured in main publications, together with Reader’s Digest, Fox Enterprise, and the Washington Publish.
On the Cash Lady podcast, Leslie and I focus on many often-overlooked automotive insurance coverage reductions and techniques to cut back your auto premium with out sacrificing the standard of your protection. A few of the subjects we cowl embody:
- Knowledge from a 2021 AutoInsurance.org examine, Finest States for Low-cost Teen Auto Insurance coverage, on probably the most and least costly states to have a teen driver.
- Forms of vehicles to contemplate for teenagers that get monetary savings on auto protection.
- Whether or not teenagers should buy auto insurance coverage or be on a guardian’s coverage.
- Easy methods to keep away from widespread and dear auto insurance coverage errors.
- Many suggestions for reducing the price of automotive insurance coverage and sustaining glorious protection, and rather more.
Hearken to the interview utilizing the embedded audio participant or on Apple Podcasts, SoundCloud, Stitcher, and Spotify.
What questions do you may have about saving cash in your auto coverage or different varieties of insurance coverage? Please depart me a voicemail by calling 302-364-0308. You may also ship me an electronic mail, join my weekly e-newsletter, or join on social media at LauraDAdams.com.