Tuesday, November 29, 2011
Lowering My Costs
Twice every year my auto insurance premiums come due, and I always view those dates with trepidation. First, I wonder if there will be a rate increase this year, and second, I wonder if the money will be available to pay for the premiums. I really have not had much of a rate increase over the last five years, but I still always fear the worst. My driving record has been excellent, so my rates should not increase, but I do live in a high risk area. In the present economy, the need to keep costs to a minimum is a high priority.
Dropping some of my coverage now I that my car is older would seem to be a good option. Collision is no longer a necessity now that my car has been paid off, but I still hesitate to drop it just yet. I have thought of shopping around for better car insurance rates, but I have not had the time to do so. I may have trouble finding lower rates because of the discounts I currently have: a discount for having no accidents or tickets, a discount for having auto and home insurance with the same company and a discount for loyalty, being with the same company for thirty plus years. Despite all of this, I suppose it would be prudent to shop around a bit. Oh yes! I guess it would be prudent to limit my drivers too.