The overwhelming majority of California residents are wasting anywhere between a few hundred dollars at a few thousand dollars (and sometimes even more) on California insurance without even knowing it.
It’s impossible to know exactly how much money you are wasting on California insurance today, but the odds are good that you could quickly put a significant chunk of change back into your bank account if you ask yourself three questions that we outlined below.
Obviously, you’re going to want to make sure that you cut your California insurance costs as significantly as you can – but you’re still going to want to make sure that you are able to leverage quality and comprehensive coverage across the board.
If means spending a little bit more money than expected, bats a compromise that you’re going to make – you don’t want to find out what life’s like dealing with an emergency without California insurance.
How much California insurance coverage do you really need, anyway?
One of the biggest reasons that people are overspending on their California insurance is because they purchase “one-size-fits-all” kind of plans and policies, not understanding that they are usually overloaded with extra coverage and policy additions that they would never take advantage of – but extra coverage and policy additions that they end up paying for parent
Figure out exactly how much insurance you need and then get that kind of coverage and only that kind of coverage. You’ll save a bucket of money right off the bat.
Is there any way to bundle California insurance policies to save more money?
If you have multiple California insurance policies (policies for your car, house, motorcycle, boat, life, health, etc.) you would do well to bundle all of those different policies under a single roof with a single company to take advantage of bundle discounts.
You’d be surprised at just how much money you’re able to save when you bring your insurance company more business.
What kinds of discounts exist that he you aren’t taking advantage of?
Speaking of discounts, the cold hard truth the matter is there are usually a dozen or more smaller discounts that California residents qualify for that they aren’t taking advantage of – discounts that could help them save a few hundred dollars (sometimes more) on their insurance each year.
All you have to do to find out about these discounts is speak with your California insurance agent about them. Do so at your earliest possible convenience.