Combining Your Insurance to Save Big!

Automobile insurance, homeowners insurance, life insurance, just to name a few are an important part of everyday life and combining these necessary items can often save you money. Who doesn’t want to save money on insurance? About now you may be wondering who we are, and what makes us knowledgeable about this subject. 

Floyd Arthur a New York City insurance executive with over 20 years of experience and current executive of the Carmoon Insurance Group is the answer. In my years of experience I have stumbled across more than a few ways to save people money at any insurance company and bundling is among those cost savings measures.

If the current company you are using does not offer package savings, it may be time to reconsider your provider. The majority of large and small insurance companies will apply a discount to your bill for each service you purchase from them. 

For many of you this will include at least home, auto, and life insurance. Since these are all necessary, you may as well save money on them. Bundling however is only one of the ways you can save money.

If you really want to get down to the bare minimum coverage that will keep you legal and protected, try the Floyd Arthur New York City approach. Wondering what the heck this is? Don’t worry I will tell you. New York City is known for Wall Street amongst other things, and taking a lesson from stock traders can help you save money. 

In order to do this, you need to first determine the total value of the assets you wish to cover. Then you need to decide how much of this cost you could and are willing to cover out-of-pocket. Deduct that amount from the total value of your assets and you have just determined the minimum amount of coverage you will need. 

This can save you thousands of dollars as several companies will try to over-insure you, which means more money for them and less for you. Of course local residents are welcome to contact Floyd Arthur or New York City’s Carmoon Group for more details, and for those of you located anywhere else, I recommended looking at some of the other great tips and advice that can be found on Hub Pages.