I worked out again yesterday…trying a new approach…I don’t commit to working out..I just commit to going to Snap Fitness…once I’m there….it gets easy…so the trick is in the going…

The exercise (which consists of walking on a treadmill for 25 minutes thus far) is working great….. I know because I sprained my fat…..

“Idea Guy” has another idea.  This time its a pretty good one…and one I’ve thought of in the past…..”Let’s promote premiums savings in the blog”….”okay, but since I’m writing this…throw me some examples” I pleaded..this blog writing requires a subject….and it’s easy for me to write about me……still waiting……

The obvious way to save premium dollars is to raise your deductibles….and if your car is 10 years old, or older, consider dropping the collision coverage all together…Collision coverage costs you roughly 30% of your overall premium…if your car’s value has dropped to under $10,000, whats the point?…

That is of course, if you’re not carrying a loan any longer…otherwise, the bank will force you to carry the coverage..On the other hand, a great value is to maintain “comprehensive” coverage…better known as “other than collision” coverage….if your car is older take it anyway and ask for “full glass” coverage..then put a $1000.00 deductible on the Comprehensive…

These two steps can save you roughly 40% of your total premium….If you have an “not at fault” accident, the other guys insurance will pay to fix your car anyway….and if you have an at fault accident, the car may not be worth fixing in the first place..and you’ve saved a few hundred a year.   The idea behind the higher Comp. deductible with full glass is simple……you save premium…and with full glass coverage..you get that without a deductible and is the source of most physical damage claims anyway.

You should do the same with your homeowners…raise the deductibles…. how high?..as high as  you can afford….assuming you have a hail storm and your roof needs to be replaced….you get a new roof for $1000.00 or $2500.00…. and in most cases the insurance company pays the difference.

A word of caution about “saving money” on insurance…ask ANY lawyer….never, never, never NEVER same premiums by reducing liability insurance…..this is coverage for when someone sues you for a covered loss…..under-insuring here is the most dangerous thing you can do….and Always carry Under-insured/Uninsured Motorist limits the same as your liability limits….. more on these coverages in the future…

Today is my first day back after a good 10 days sitting on my behind…I got in yesterday and got a few things done….big week this week though and it’ll be good to get back into the swing of things…….among my new year’s resolutions…(besides the ever-present losing weight) is to make more new business calls without having someone else do it……that should result in a 20% increase in sales alone…..and trying to get in a little earlier in the morning…..so off I go….meanwhile, your job is to save a few bucks on your insurance….