When it comes to personal insurance, you may already own an auto insurance policy or homeowner's policy, but there are other types of insurance plans that can help you protect your income. If you are looking for more ways to insure yourself against the unknown, consider the following options.
Mortgage Disability Insurance
You may already purchase disability insurance through your employer. Some employers offer short-term and long-term disability coverage, which require a deduction from your paycheck to cover the premiums.
If you live far from your workplace, and you drive to and from work every day, then you are engaged in what is called extreme commuting. Here are some reasons extreme commuting may see your auto insurance rates rise:
Increased Risk of Car Damage
An extreme commute is not good for your car; many parts of your car are built to last specific mileages before being replaced. The more you drive, the more wear and tear your car faces; this weakens your car and makes it susceptible to damages.
However, it is usually not advisable to go with the cheapest policy available because it may not offer you full protection. What if you are not too concerned with full the protection and just want the cheapest coverage available – period? Maybe you are out of work and would want some protection instead of going without any coverage whatsoever? In that case, follow the following tips to get cheap auto insurance coverage:
2017 is almost over and 2018 will be here before you know it. If your resolution is to save more money this year, you may be looking to cut back on the amount you pay for auto insurance. By asking the right questions, you may be able to easily and quickly save money, without even changing your auto insurance policy or provider. Here are a few of the questions you should ask your auto insurance company that may help you to save money on your auto insurance policy.
Your auto insurance is designed to protect you in case you get into an accident while on the road. However, there may be times when you do not want to use your insurance. While this may seem counterintuitive to having insurance in the first place, be aware that there are situations where it may or may not be best to avoid using your auto insurance. Here are three questions to ask yourself to determine the right decision.