In today’s Simple Saving’s tip, Ron Murphy of Mid-Illinois Insurance and one of our experts on-line will give you some guidelines on how to save money with you insurance plans.
Murphy says probably the simplest way for a person to save on homeowners or automobile insurance is by looking at their deductible.
For example, a typical deductible on a homeowner’s policy might be 250 dollars.
To increase it up to 500 you can save as much as 15 to 18 percent. If they got to a 1,000-dollar deductible, they might save another 10 to 12 percent on their total overall premium.
For auto insurance, get a higher deductible for comprehensive and collision.
That way they can save between 15 and 18 percent on their deductible.
If you have any questions, click on features, then experts on-line and you can ask Ron a question.
If you have any money–saving tips, videotape them and send them to You News.