The following is a guest post.
Many families are struggling in today’s economy, and your family may very well be one of them. If you are at the end of your rope as you try to shave even more dollars off your family’s budget, take a moment to look at your insurance line item. Were you shocked when you saw the monthly total? Many people are. Insurance coverage is expensive, but it is also necessary. If you have had the same automobile policy for years, it’s time to see about cutting the cost using these seven tips.
1. Shop Around
Even if you are happy with your automobile insurance company and the coverage it provides, shop around. According to the Insurance Information Institute, “prices differ from company to company,” and it may be time to say “Sayonara” to your old carrier. Find out who covers your family, friends, and work colleagues’ automobiles, and contact the companies to see if they can give you better rates.