24 Insurance Tips for May 24
With the Victoria Day Weekend here, it’s time plan some fun outdoor activities, head up to the cottage and spend some time relaxing in the backyard. We also thought it is a good idea to give you 24 insurance tips for the May 24 long weekend.
24 Insurance Tips for May 24
- Bundle your home and car insurance policies to save money
- Work with an insurance broker to broaden your insurance policy options
- Read your policy – most people don’t
- Make sure you fully understand your policy before signing it
- Something change in your life? Call your insurer to update your information
- Educate yourself about ways that you can save money on your home and auto insurance
- Get travel insurance for your next trip
- Shop around for a quote – don’t accept the first policy you see
- If you have questions about your policy, give your insurance broker a call to get clarification
- Know your coverage types and how they apply to your situation
- Ask your broker if you qualify for any discounts – you won’t know unless you ask
- Focus on maintaining a good driving record to keep your insurance costs down
- Understand the factors that impact your insurance rates
- Avoid renewing your home or auto insurance policy without first exploring your options
- Assess your insurance coverage each year to ensure you have the appropriate amount of coverage
- Taking steps to make your home more secure can save you money onhome insurance
- Consider insurability when shopping for your next car. Make and model could make a difference for insurance rates.
- Know who to call and what to do if you need to make a claim
- Make sure you have liability coverage if you own a pool or have a trampoline
- Don’t wait until the last second to get travel insurance – make sure you are getting a policy that addresses all your needs.
- Stay up to date with developments in the insurance industry and how they can impact your situation
- Keep the contact information of your insurer with you at all times, especially when travelling
- Never assume you are covered – check with your insurance broker if you are not clear on coverage
- Pay your policy upfront each year to save money on your policy
What insurance tip do you think is most important? Do you have any additional tips that you would suggest we add to the list?