Tag: Tips

Tip: Take a Defensive Driving Course

Tip: Take a Defensive Driving Course. Take a Defensive Driving Course

How much you can save: $200 a year

Some insurance companies will allow you to take a safe-driving course to get a discount, although you’ll have to take it again every few years to keep the discount active. In Texas and Louisiana, for example, where insurance can cost more than $2000 per year, motorists can receive a 10 percent discount after taking a state-approved defensive driving course. (The course costs about $25 and can be taken online.) Many other states have similar programs, although prices vary widely.

Tips to save money on your homeowners insurance

Raise your deductible A deductible is the amount of money that you are responsible for paying toward an insured loss. The higher your deductible, the more money you can save on your premium, so if you can pay above the minimum $500 or $1,000 deductible, for example, you may reduce the cost of your homeowners […]

How Landlords Can Benefit from Requiring Renters Insurance

Renters insurance, typically seen as a safeguard for tenants, holds significant advantages for landlords as well. Surprisingly, by mandating renters insurance, landlords enhance their property protection while minimizing potential liabilities. Despite its numerous advantages, only a meager 37% of renters opt for insurance coverage, prompting many landlords to make it a requirement. Here’s a comprehensive look at why and how landlords can integrate renters insurance into their leasing agreements.