Tips for Buying Insurance

BY: BY JOSEPH DELL'ANNO

• Everyone wants to get value for their insurance dollar. Here are some tips to help you get the most for your premium:
• Drive safely: at-fault accidents and driving convictions will increase your premium.
• Similarly, a clean driving record over a number of years can help reduce your premium.
• Raise your deductibles ? choose a higher deductible and watch your premium go down.
• Drop unnecessary coverage ? if you have an older car, consider dropping collision coverage.
• Make discounts count ? have you stopped smoking, installed a burglar alarm in your house, turned 50, paid off your mortgage? These are a few examples of the discounts available for both property and automobile insurance.
• Ask about premium financing ? your broker can help you choose the plan that's right for you ? monthly, three installments or one lump sum.
• Work with your insurance broker and follow the expert's advice.

 

Joseph (GI Joe) Dell'Anno is a Registered Insurance Broker associated with World Insurance and Financial Services (Ontario) Ltd.. (905) 940-6688 or (519) 927-5308

E-mail: insurancejoseph(at)aol.com

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