A Smart Way On How To Save Money On Insurance

Hey, guys. Jason here with 303 Insurance Brokers, and I’m here with another insurance tip of the day. Today’s tip is super quick and short, but it is also a way that many of my clients have been saving money recently and that insurance tip is how to save money on insurance.

Not All Insurance Company Offers Pay In Full Discount

Many insurance agents and insurance companies default to that monthly EFT setup (electronic funds transfer). So that monthly through your checking account set up. Normally that’s a great way to pay, but when we look at the different ways to pay to be able to save the most money, and once again, not every carrier offers this, but enough of them do that I like to talk about it with my clients to see if there’s a pay in full discount. 

Save Money On Insurance

I can see the pay in full discount with a lot of our carriers on an annual auto policy is somewhere between $150 to $250, or even more, depending on the total policy premium. So, it’s about a 10% savings to pay it in full. So, if you break that out to a monthly payment, you’re talking about $20 to $25, sometimes even a little bit more, just by paying your insurance in full. 

Ask Your Insurance Agent For An Insurance Quote With A Paid In Full Discount

So, before you pay your insurance or as your insurance renews, ask your agent if there’s a pay in full discount or if you’re interested in an insurance quote, say, hey, Jason, I want an insurance quote with a paid in full discount put on it. It’s a great way to save some money, and saving money without giving up coverage is the name of the game and insurance. 

How can we get good coverage and better coverage, but how can we make inexpensive possible. The pain in full discount is a huge way of doing that.

So, if you want me to do a quote for you, reach out to me. Jason at my 303 Insurance.com, or you can hit me at 303-506-2755. We’ll talk to you real soon. We’ll help you with those pay in full discounts.