There doesn’t seem to be much point in making the switch to frugal living and implementing money saving tips that will save you a few dollars here and there, if you don’t examine your larger “fixed” outgoings like insurance that could save you hundreds of dollars in one foul swoop!

For many of us, insurance is not only a grudge purchase it’s a confusing or tedious or time consuming one, so once you’ve chosen your policy and provider, going to all the effort of changing it seems all too hard (a fact that many an insurance company rejoices in).

As with much about frugal living, it’s about taking the TIME.  Saving on home insurance, car insurance and health insurance could be as simple as taking the time to make the calls or browse the sites.

• Just Ask the Question – the only silly question is the one you don’t ask.  Why not make your insurance company work for your hard-earned dollars?   Tell them you are looking to save on your insurance, let them examine your situation for you and suggest how they can save you money.
• Discounts for Bundling - If you have insurances with different companies, you may find out if there are discounts for using one provider for all.
• Know your Policy - At the very least, it doesn’t hurt to reacquaint yourself with your policies so you know exactly what they do and don’t cover – surely there could be nothing more heartbreaking than paying insurance for years and years only to find out that when you need it, you’re not covered for that particular occurrence.

So dig out your policy, set a couple of hours aside to get your head into the “zone” and see how much you can save.   It may sound painful, but just imagine the pleasure of saving yourself a few hundred dollars with just a few phone calls.  Remember, he/she who dares (and cares) wins!

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