{"id":1152777,"date":"2019-11-30T11:00:23","date_gmt":"2019-11-30T17:00:23","guid":{"rendered":"https:\/\/dailyreckoning.com\/?p=108374"},"modified":"2019-11-30T11:00:23","modified_gmt":"2019-11-30T17:00:23","slug":"the-best-five-minute-phone-call-youll-make-this-year","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1152777","title":{"rendered":"The Best Five Minute Phone Call You\u2019ll Make This Year"},"content":{"rendered":"

This post The Best Five Minute Phone Call You\u2019ll Make This Year<\/a> appeared first on Daily Reckoning<\/a>.<\/p>\n

Dear Rich Lifer<\/em>,<\/p>\n

<\/p>\n

I love talking about investments that can make you lots of money. But you know what I love even more? Simple strategies that can SAVE you lots of money with very little effort.<\/p>\n

After all, even the safest investments carry risk. Meanwhile, some money-saving strategies can end up putting a lot more cash in your pockets with absolutely ZERO risk!<\/p>\n

Take insurance. Two weeks ago I answered some popular questions on the topic but one thing I didn\u2019t<\/em> cover is just how easy it is to shop around for car insurance these days.<\/p>\n

So let me ask you: When was the last time you actually DID THAT<\/em>?<\/p>\n

I\u2019ll answer first \u2026<\/p>\n

Shopping Around for Insurance <\/strong><\/h3>\n

After a year or two, I decided to re-check my options this past week.<\/p>\n

And I used a new method this time, which I\u2019ll get to in a minute.<\/p>\n

First, as it turns out I\u2019m getting a pretty darn good rate with my current carrier.<\/p>\n

But all those commercials and billboards featuring pigs, geckos, and crazy comedian ladies aren\u2019t lying\u2026 it is quite common to save thousands if you simply do a little research.<\/p>\n

That was my own experience back when my wife and I left Florida.<\/p>\n

Back then, and for our new location, Liberty Mutual was able to beat our carrier at the time (Geico) pretty handily, so we switched.<\/p>\n

But after we recently changed up our household\u2019s car assortment \u2013 and our premiums shot up substantially — I decided to see what else was out there.<\/p>\n

At the risk of sounding like an ad, the process literally did take just 15 or 20 minutes with each company I investigated. Yet the savings were massive\u2026<\/p>\n

15 Minute Really Can<\/em> Save You a Bundle <\/strong><\/h3>\n

Progressive ended up being 30% cheaper than Liberty Mutual while Geico offered the same basic level of coverage at 58<\/em>% less cost!<\/p>\n

That put thousands of dollars back in my family\u2019s pocket over the next couple years.<\/p>\n

These days, I\u2019m in California and back with Geico.<\/p>\n

But I do a fresh check every couple of years.<\/p>\n

This time, I used a relatively new website to do my check \u2013 www.thezebra.com<\/strong><\/a><\/u>.<\/p>\n

After entering some basic info, it came back with quotes from a whole bunch of different carriers.<\/p>\n

According to the results, my current policy is a little cheaper than what other places are charging.<\/p>\n

However, if it\u2019s been a while since you last shopped for auto insurance, I strongly recommend doing it right away.<\/p>\n

You might quickly save yourself a grand or two over the next year.<\/p>\n

Here are just a couple things to pay attention to \u2026<\/p>\n

Car insurance Variables that You Control<\/strong><\/h3>\n

Obviously there\u2019s no way for me to tell you what particular aspects your situation requires, or even what items or choices your state mandates.<\/p>\n

What I can say is that you should look carefully at these inputs for two big reasons …<\/p>\n

First,<\/em><\/strong> you might find new ways to save money even with your current carrier.<\/strong><\/h3>\n

For example, a lot of people have roadside assistance through their car\u2019s warranty or AAA, yet they\u2019re paying for the same service on their insurance policy.<\/p>\n

They may also be paying for rental reimbursement when they have extra cars that could provide transportation in a pinch.<\/p>\n

You might even find that you\u2019re paying for extra medical coverage that is redundant with your healthcare insurance.<\/p>\n

Second,<\/em><\/strong> you have<\/u> to use these same inputs when you get competitive quotes.<\/strong><\/h3>\n

If your current policy has $500,000 in liability coverage and a $1,000 deductible \u2026 there\u2019s no point in comparing it to a quote that has $15,000 and $250, respectively.<\/p>\n

It seems like common sense, but you\u2019d be surprised how many people make this mistake. That\u2019s especially true since website quoting tools often use different default inputs.<\/p>\n

Call me a geek, but I like using one tool and altering the choices for a while just to get a sense of where the biggest savings come from.<\/p>\n

What I\u2019ve personally found is that higher levels of liability coverage cost just ten or twenty dollars more a year. Deductible amounts make a bigger difference since your typical claim is for relatively minor amounts of money.<\/p>\n

Obviously, I\u2019ve just scratched the surface of this whole topic. But you don\u2019t have to make it too complicated if you don\u2019t want to.<\/p>\n

At the very least, get a little more familiar with what specific variables are currently on your auto and homeowners policies.<\/p>\n

Then, use an online web tool to get some competitive quotes.<\/p>\n

If you have<\/p>\n

Or, take some time and check in with a few big, well-known companies individually.<\/p>\n

For that relatively minor investment of time, you might end up getting an immediate return worth hundreds \u2013 or even thousands \u2013 a year.<\/p>\n

<\/p>\n

To a richer life,<\/p>\n

\"Nilus<\/p>\n

Nilus Mattive<\/p>\n

The post The Best Five Minute Phone Call You\u2019ll Make This Year<\/a> appeared first on Daily Reckoning<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

This post The Best Five Minute Phone Call You’ll Make This Year<\/a> appeared first on Daily Reckoning<\/a>.<\/p>\n

Insurance shopping is perhaps one of the least exciting tasks on the face of the earth. That said, shopping for insurance can save you a ton of money. I’ll share a few tips on how you can make this process as painless (and profitable) as possible. <\/p>\n

The post The Best Five Minute Phone Call You’ll Make This Year<\/a> appeared first on Daily Reckoning<\/a>.<\/p>\n","protected":false},"author":55,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[3660,366,3661,1836,3662,3217,3393,923],"tags":[],"class_list":["post-1152777","post","type-post","status-publish","format-standard","hentry","category-aaa","category-dailyreckoning","category-geico","category-insurance","category-liberty-mutual","category-nilus-mattive","category-rich-life","category-the-rich-life-roadmap"],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1152777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1152777"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1152777\/revisions"}],"predecessor-version":[{"id":1152778,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1152777\/revisions\/1152778"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1152777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1152777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1152777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}