7 Ways to Save $1000 a Year
3. Double the Deductibles
Raising the amount of money you're willing to pay for insured expenses out of pocket, such as health, dental and home insurance, will substantially lower your monthly cost. The insurance company can tell you exactly how much you'll be able to shave off your premium, but you could potentially save 10 to 15% just by bringing your deductible from $250 to $1,000. It's also important to choose an independent broker with relationships with a number of insurance companies, so they can comparison shop and get you the best rate possible for your particular circumstances.
Approximate Savings: At least $200 a year.