Simply put: the least expensive and most discounted plan available for your insurance policies is to pay them in full. Discount amount vary across carriers, but choosing to pay your policies in full for six months or by the year will save you the most.
This applies not only to home and auto insurance, but also boats, motorcycles, RVs, and renters insurance.
What happens if I need to cancel a policy if I’ve already paid it in full?
Typically you’ll only be charged for the number of days the policy was in force. For example, if you paid for the full calendar year of 365 days but cancelled the policy 120 days in, you’ll only be charged for those 120 days.
Safe Drive, Accident Forgiveness, Diminishing Deductible, Multi-policy/Multi-car, Homeowner/Renter, EFT/Paperless, Military, Education, Employment, and more!
We’re Here to Help
At Dove Insurance Agency our family of Independent Agents are dedicated to serving you and working with your lifestyle. We’ll educate you on the coverage you need to keep your property and family secure, no matter what the future brings.
Instead of working for one big company, our family of Independent Agents represent multiple insurance providers. This allows us to compare rates and coverages so you’ll get the best coverage-to-value policy available.
We’re here to serve you.
It’s difficult to think about your final expenses and image your loved ones having to continue without you. You don’t want to leave your family without anyone to support them or have to pay off the cost of your funeral and other final expenses. At Dove Insurance Agency, serving Blacksburg, VA, and the surrounding area, we can determine an ideal policy to fit your needs, wants, and budget.
Determine Your Living Expenses
The first step to determining how much insurance you require is to assess your current living expenses. We advise you not to guess at this step. You should look at bank statements and truly total up your expenses. Think about how long it is until your mortgage is paid off. You also want to consider if your spouse works. Keep in mind, if your spouse goes back to work, he or she will need to hire someone to take care of the kids. On the other hand, if you are the stay at home parent and you should happen to pass, you have to consider who will take care of the kids.
Take Into Account Your Debt and Savings
You have to consider the amount of debt you have besides your average monthly expenses. Additionally, you have to take into consideration if you have any savings, 401Ks, or any other money that would go to your family.
Think of Your Extra Expenses
You want to think about your children going to college or any money that goes toward taking care of a family member. Keep in mind, you may need to get you and your family health insurance. Funeral expenses fit into this category as well.
Contact Dove Insurance Agency, serving Blacksburg, VA, and the nearby region, to determine how much life insurance you need by calling or visiting our site.