CUT YOUR BILLS FOR AUTO AND HOME INSURANCE.
In: Kiplinger Personal Finance, Jg. 78 (2024-06-01), Heft 6, S. 42-47
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Zugriff:
This article discusses the increasing costs of auto and homeowners insurance premiums and provides tips on how to save money on insurance. Auto insurance premiums have risen by over 20% in the past year and more than 38% since 2020, due to factors such as more car accidents, expensive repairs, and an increase in lawsuits. Homeowners insurance rates have also seen an average premium rate increase of 11.3% in 2023, primarily due to intense natural disasters, inflation, labor shortages, supply-chain issues, regulatory issues, and insurance scams. To save on insurance, consumers can take advantage of discounts, practice safe driving habits, pay for minor repairs out of pocket, estimate insurance costs before buying a car, and consider switching insurers for auto insurance. For homeowners insurance, individuals can take advantage of discounts, keep their homes safe, invest in home hardening renovations, raise their deductibles, and improve their credit scores. It is important not to cancel coverage, as it can put the home at risk and affect future insurance qualifications. The article also provides information on government programs that can help homeowners pay for home-hardening renovations. [Extracted from the article]
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Titel: |
CUT YOUR BILLS FOR AUTO AND HOME INSURANCE.
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Autor/in / Beteiligte Person: | RODECK, DAVID |
Zeitschrift: | Kiplinger Personal Finance, Jg. 78 (2024-06-01), Heft 6, S. 42-47 |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
ISSN: | 1528-9729 (print) |
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