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How to Minimize the Financial Impact of a Rate Increase

By September 5, 2022September 29th, 2022Insurance
Inflation is causing interest rates and insurance premiums to rise.  As we face these inflationary pressures, here are some strategies that may help you save money on insurance premiums:
 
Consider increasing your deductible. If you can manage out-of-pocket costs being a little higher in the event of a claim, your annual premium will decrease.
 
Is all of your insurance coverage with The Turner Agency? Not only does this benefit you and help eliminate possible coverage gaps, we may be able to offer you a multi-policy discount.
 
Ask us about payment options. Monthly plans may incur fees, so paying in full may save you money.
 
If you are considering filing a claim, please contact us first so we can look at all options.
 
Learn more about why insurance rates are rising by clicking here.