Timing is everything

When it comes to your insurance policy?  Yes, there are a lot of times when adjusting the start and finish date of your policy can save $100’s of dollars.  Here are some ideas.

  1. You don’t have insurance right now, GET SOME.  Think of this as a temporary policy.  So you get a policy right now and a month from now go shopping.  Since you are now shopping with prior insurance you will likely get a better rate

A response to an awful article

Here is a link to a terribly written article; http://boingboing.net/2013/01/29/american-insurers-charge-reckl.html

Like most garbage there is a “catchy” headline and zero to no substance behind it.  This article tries to study insurance rates and say that “rich” people get better rates.  Now although I am not a scientist I know that when running an experiment you must keep as many factors equal as possible.  This “experiment” did not.  The facts;

Using two hypothetical characters the group compared premiums offered to two 30-year-old women. Both had driven for 10 years, lived on the same street in a middle-income Zip code and both wanted the minimum insurance required by whichever state the group was researching.****Using the minimum insurance required already screws up this experiment.  Having the lowest coverage required makes you look irresponsible*****

Two quick lessons from a cashier and a barber

Interesting day last week. Had a few minutes before a meeting so I stopped into Office Depot to buy some markers .  No big deal, like a $5 purchase and at 9:00 in the morning there is no one there. Then Bobbi and I met at the register.  I really like that Office Depot will e-mail me my receipt; 1 less piece of paper, easier for tracking.  Today Bobbi decided he wanted to make the decision for me and pressed “print receipt” .  I said Bobbi why did you do that he said he was moving things along.  At this point there were 8 or so employees in the store and 1 customer, none of which were on line with me.

It’s renewal time, what do you do first?

So the paperwork for my renewal came in the mail this past week.   Just like millions of other people I went and looked at the rate.    So now what?  Well here are some things I look for in my own renewal, as well as yours when I have the chance to renew it;

  • Is it correct?  Yes, is it correct.  Is my name spelled right, are the right vehicles there are all my discounts correct.  Before you think about the rate lets make sure the basics are correct.