By Coach Fin
Do you ever get a chuckle from the insurance commercials on TV and wonder if you could get a better rate in 15 minutes or less? But the thought of calling, doling out your personal details and comparing rates sounds about as appealing as doing your taxes.
You have better ways to spend your time. Besides, how much could you really save?
When should you look for better insurance rates?
There’s never a bad time for a better deal. But if your home, auto or other insurance is nearing its renewal date, then now is the perfect time to see if you could save money on your next policy. You might want to check every six to 12 months.
It’s also a good idea to look for better insurance rates when your life changes and you need more (or less) coverage, such as when:
- You retire
- You buy a new (or used) vehicle
- You get married or divorced
- Your teen gets a driver’s license
- Your college student can’t have a car on campus
- You ditch the commute for a work-from-home gig
Be wary of bare-bones coverage
Remember to compare coverage as well as premiums. The cheapest rate sounds great until you find out — the hard way — that you’re not well-covered for a crunched car or boggy basement. Good coverage pays off when you hit one of life’s bumps in the road.
You can save money in the long run by making sure you’re not over or under insured. Many factors go into determining the appropriate coverage for you and your assets. Take the time to review your current policies and weigh the costs and benefits of each. Start with these considerations:
Learn more about how insurance works. Doing a little background research helps you better understand insurance terminology so you can make better decisions.
The best way to get a better deal on insurance
Let Cinfed Insurance shop rates for you. They work with more than 40 insurance carriers and do the legwork to help you find the best coverage at the best rates. To make the process quick and efficient, have your most recent insurance statements on hand when you call. Members who switch their home or auto to Cinfed Insurance save an average $599 per year.* And yes, all it takes is about 15 minutes.
You can find coverage for:
- General liability
- Motorcycles, boats, RVs, travel trailers and other vehicles
Get a free, no-obligation quote or call 513-333-3990.
*Average savings amount is a national average from the previous 12 months of auto, homeowner, and packaged policyholders' savings per customer when compared to the policy holders' former premiums. Individual premiums and savings will vary. Insurance products are not a deposit and have no credit union guarantee. Not insured by FDIC/NCUA or other government agency. Not a condition of any loan, product or service.