Switch in the Middle to Save?

With the current uncertain economy, inflation, and rising costs on everything from cars to dinners out, many families are looking for ways to save money.

If you could save money in your monthly or annual budget for your insurance policies, what could you use that money for?

A fun family summer activity?

An extra date night out?

A little padding in your savings account?

A donation to a charity or organization that you support?

You may think that you have to wait until your current policy expires or renews, but for most personal insurance policies, you can move your insurance to another agency or insurance carrier at any time.

There are some benefits to staying with your current carrier and your current insurance agent. There may also be benefits to shopping around during these difficult financial times. I’d recommend you stay with your current carrier if you’re happy with your service and the savings are minimal to switch.

Also, after getting a couple of quotes, you may find that your current rate is fair and similar to what another carrier would charge. Maybe you don’t want or need to move your policies. Hopefully you have a great agent that provides education and advice on your policies, and you are willing to pay for their expertise.

Of course, you may find that you can obtain a better rate, without cutting your coverages or benefits You can make an informed decision about where to place your insurance coverage. You’ll want to be sure the quotes you receive aren’t increasing your deductibles or cutting liability limits without your knowledge. But all things being equal, sometimes change is good!

Look for an insurance carrier or agency that is out in the community and has a local agent you can call or visit if you need help. No matter what your insurance premiums are, if you have a claim, you want to speak to a live person that knows you and your family and can advocate on your behalf.

After doing your homework, sit back and relax. You’ve got this!