Archive for 'Insurance Rates'
Reducing Your Insurance Rates
Posted on 02. Jan, 2009 by admin.
Answer me this: have you ever walked in to a retail store before, seen an item on display that you really liked, and attempted to barter or negotiate with the sales person to get a better deal on the product? Most likely, everyone has tried this at some point in their life. Even if it was in another country, you get the idea of what I’m talking about. For some strange reason though - it seems that people feel they can only do this type of thing in actual retail stores, and not in other areas of life. How about the insurance industry then? Is there any possible way you could negotiate the cost of your premiums down just a fraction?
The answer is: yes! Despite what the mainstream opinion on insurance policies and companies seems to be, there is very much the opportunity to negotiate and discuss the pricing of your plan with the potential provider. Of course, if you’re being unrealistic, the company won’t be too impressed. But if you are thinking of reducing the premiums by just 4 or 5%, you could very well be in for a pleasant surprise. Don’t be afraid to give it a try - you have absolutely nothing to lose.
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What Effect Do Insurance Rates Have On Your Finances
Posted on 28. Nov, 2008 by admin.
Whenever I interview someone with regards to their insurance policy and the efficiency with which their money is being spent on insurance coverage, I like to put the ball in their court first. This usually involves me asking them a series of questions regarding their current insurance policies, the premiums they are currently paying, and the quality of service they are currently getting. One question that is of most interest to me though is that of: what effect do insurance rates have on you personally?
When someone hears this question, they usually stop thinking, look at me with a bit of a frown on their face, and then take a moment or two to work the answer out in their head. Most replies come in the form of - “quite a bit”. And this is generally true. When we sit down to do our yearly or monthly budgets, it’s hardly surprising that insurance premiums nearly top the list of high priority expenses. So, what was the point in telling you all that? Simply - don’t get freaked out when it comes time to sort out and budget for your insurance premiums. They are naturally high, and everyone experiences that feeling.