None of us want to pay more than we have to for insurance. Yet, when there is a claim we want everything covered and covered fully. The reality is, you can’t have the best of both worlds. Here’s what to consider.
Companies are in business to make money. Every item you purchase from them is designed to most likely profit the company. If you are willing to give up the piece of mind on items you could afford, i.e. rock chips, towing, windshields, car rental and all other small items. As well as take a larger deductible, odds are in your favor you’ll save money than money the company will pay out on your behalf. Use the company only for risk that is to great to bare. The transfer of large risk is really what the system was designed for in the beginning. The small coverage items came along latter for an additional way to collect a profit. Designing your policy this way can save many folks up to 30%!
Wouldn’t you like to save 30% on your insurance. Give us a call and we’ll do our best to save you some money.