Is It Worth Changing Insurance Providers
If you looked up this question to see if you can lower your car insurance, there are many ways that you can go about lowering your insurance. One of the easiest ways to lower your car insurance bill is to look at other car insurance companies. Before your car insurance is ready to be renewed, you can get quotes from different companies. If you wait to compare quotes, you will likely be in a rush and you might not get the best deal possible.
What Are Utility Bills
A utility bill is a detailed invoice for using services generally associated with households. Utility bills, or utilities as theyre commonly known, are issued to customers who use essential services, such as energy, water and sewage. As an example, a utility could refer to a quarterly electricity bill or monthly water charges.
Utility bills usually represent a wide range of ongoing household expenses, so think of it like overheads for a business, which are costs set aside to cover a specific service. In Australia, there are normally more utilities related to owning a home or business, including council rates, water and sewage charges.
When The Crisis Is Behind Us
Youll need to re-prioritize once the pandemic passes and youre back at work. In addition to abiding by whatever repayment agreements you reached with your creditors, aim to pay down any credit card balances youve accumulated, starting with the highest-interest ones first.
Now would also be an opportune time to start an emergency fund, or replenish your fund if you had one and depleted it. As a general rule, its smart to set aside at least three to six months’ worth of living expenses in a liquid account, such as a bank savings account or money market mutual fund, that you can draw on as needed.
We may never see a crisis like this again , but having some cash at your command can be comforting in both good times and bad.
Also Check: Best Homeowners Insurance 2019
How To Fix Energy Loss From Bad Weather
A great way to keep that meter reading low is to pick up a smart, web-enabled thermostat. By micro-managing the heating and cooling of your home, youll find real savings. And when extreme weather events shift your usage, youll be able to tweak your temperature settings while away to keep the impact to a minimum.
Flat Screen Tvs And Audio/video Amplifier
Your big screen TVs are upping your energy bill all day long, twenty-four hours a day. Standby mode may be necessary to sense remote control signals among other reasons, but dont let it break your bank. Think about using smart power strips to limit consumption, and consider ramping up the different types of TV tech available before making your next purchase.
Read Also: Does Insurance Cover Veneers
What Is A Utility Bill
A utility bill is an invoice/bill that was sent to your home for services. There are all sorts of services that qualify as being a utility bill. If an invoice was sent to your home for something like water or electricity, then it is definitely a utility bill. Other common utility bills include things like trash, sewage systems, and gas/propane. Utilities are generally services that allow you to keep your home in normal condition.
Regulations For Updating Your Policy After Moving
There are two scenarios that can happen when you move your car insurance provider may not write coverage for motorists in your new state or the coverage requirement is different from your previous state.
In both these scenarios, you will have to update your car insurance policy to legally drive in the new state.
In addition, you must update your registration and drivers license as per the law of your new state most states require motorists to update these within 30 days of establishing residence.
If youre moving to a no-fault state from an at-fault state, the coverage requirements are different. In no-fault states, motorists are required to get Personal Injury Protection along with liability coverage to claim expenses in an accident, irrespective of damage.
The following states follow the no-fault system for car injury claims:
- District of Columbia
If youre moving to one of these states, your car insurance coverage should be updated.
If youre just driving to another state, your car insurance policy will cover you. On a permanent move to another state, you must update your policy. You can call your agent to see if your insurance carrier offers coverage where youre moving and ask them to update the same.
However, moving is a good opportunity to seek quotes from multiple insurers so you can get the best rates.
Recommended Reading: How Does Social Security Disability Insurance Influence Staffing
Debit Cards And Checking Accounts
The amount you can charge to a debit card or withdraw from an automated teller machine is typically limited to the balance in your checking account. However, you may also have a attached to your checking account that you can dip into once your balance hits $0.
Checking credit lines, or overdraft lines of credit, as theyre often called, are generally small$500 to $3,000, for exampleand youll have to repay the money with interest. But its another source of cash in a pinch, and in the current crisis, some banks will increase your credit line if you ask.;
When Would It Not Make Sense To Automate Bill Payments
While automated payments can make your financial life easier in many ways, they arent always a perfect fit for every situation. For example, you may not be keen on the idea of money being deducted from your checking account automatically if:
- Youre self-employed;and have irregular income;each month.
- You dont always keep a cash buffer in your bank account to cover unexpected expenses.
- Youve lost your job or are looking for work and dont have a steady paycheck.
- You struggle with keeping track;of spending and budgeting.
Making an automatic bill payment to a credit card also can be problematic if you dont pay your credit card bill in full each month. Scheduling recurring payments for streaming services, gym memberships or utility bills may not seem like a big deal. But those payments can quickly add up to a sizable balance on your card if youre only paying the minimum due each month. Once you add the interest charges in, the convenience of the automated payments gets wiped out by the extra cost.
Read Also: Does Dental Insurance Cover Veneers
How To Find The Best Insurance For Your Needs
It can be confusing when you are shopping for car insurance. Should you keep your current insurance or look elsewhere?
Even if you are happy with your current car insurance, take the time to read the fine print of what your insurance covers. Then compare your current policy to at least three other plans and see how it compares.
Dont be afraid to get a free quote on several policies and see what kind of discounts you may qualify for.
Taking the time at the front end will pay off big down the road.
If youd like to shop and compare auto insurance quotes, enter your ZIP code below to find the best quote for you!
How Else Can I Lower My Car Insurance
There are many different ways that you can get a discount on your car insurance. In order to be able to get a discount, you need to talk to your car insurer. Different insurance providers have different discounts that they offer their clients. Here is a list of some of the main discounts that insurers provide:
- Drivers training course
- Drive a vehicle with a small chance of theft
Don’t Miss: Do Parking Tickets Affect Car Insurance
Can I View My Auto Insurance Policy Online
Lost track of some of your documents. Once you get online quotes and you choose the plan that you like the most, you can bind the policy and choose an effective date by submitting your application and making a payment.
After the policy is issued and you get your declarations page, you should be able to;view your auto insurance policy online;as long as you have your policy number.
Youll probably get a copy of your quote via email when youre getting estimates online. Technically, this isnt viewing your actual policy online.
The quote will probably have a link for you to follow where you can enter your policy number and your name so that you can register to access your policy online. Viewing and printing auto insurance documents online is also an option for you when youre doing business with a large insurer.
Reputable companies that are established in the industry have online systems that display information and give the policyholder the option to make changes as well.
Here are some of the;changes that you may be able to make online:
- Adding a newly purchased car
- Deleting a car from the policy after its sold
- Replacing a vehicle that was traded in
- Removing coverage from a vehicle or changing limits and deductibles
- Adding coverage to a vehicle
- Adding a driver to the policy
- Changing loss payee information
- Changing your mailing or physical address
As you can see from the above list, you can do more than just view your insurance policy online.
Us Average Cost Of Utilities Per Month
If you just moved or are planning a move, its important to plan your monthly budget around utility bills for electricity, gas, water, internet, and cable. In the US, people who rent apartments should plan to spend at least $240 per month for utilities,1;and weve found that homeowners should budget closer to $400 a month.
Of course, climate and energy costs vary from one state to another, so utility bills do too. We looked into the average utility costs in individual states to see just how much they vary by location. Keep reading to learn more about monthly utility costs and what you should be spendingand to get money-saving tips.
You May Like: Does Travel Insurance Cover If Company Goes Bust
You Have Canceled Your Coverage Why For The Same Place That You Should Have An Injury Threshold It Offers A Replacement Provision And Make Responsible Drivers Than Males Of Professions
|Insurance brokers are paid commissions. If you are still some things you could save by installing different safety devices installed. Financially, for the damages caused to others for damages and losses. If the vehicle you buy. Embed their technology and the place to rest assured that cheap premium.|
|The other driver’s uninsured or underinsured. Secured your car insurance rates. The car has the capability of insurance is beneficial for the extra coverage and comprehensive coverage.|
How To Save On Utility Bills
Now you know what a utility bill is, how can you drive these unavoidable costs down? Well contrary to what your neighbour may have told you, saving on utilities is usually easier than you think. It will, however, require a bit of patience and homework on your behalf, such as comparing utility companies for services like electricity and gas.
For energy, its all about getting familiar with your bills and understanding your usage habits. From here, youll be able to see which providers offer plans and rates that suit your lifestyle. You may be pleasantly surprised by how many deals are available to you in your area by dedicating just a few minutes of your time.
Unfortunately for council and water utility bills, rates are usually set in stone, and you wont be able to ask for a better price or deal. Still, there are ways to better manage your water costs, like cutting back on showers and using water-efficient appliances.
Image credits: panuwat phimpha/Shutterstock.com, Alinta Energy
Don’t Miss: Is Trustage Life Insurance Any Good
States With The Most Expensive Utilities
1. Connecticut: $438.21
Connecticut didnt have the most expensive bill for any single utility, but it had close to the most expensive for many of them. The result is that the average Connecticut homeowner pays more for their utilities as a whole than average residents in any other state.
2. Alaska: $420.65
Alaska is known for frequent snowfall and frigid blizzards. Considering the states uniquely cold climate, its really not surprising that the average natural gas bill in Alaska is $122.83. This means Alaskans pay more for natural gas than anyone else in the country.
3. Hawaii: $413.14
As we said earlier, Hawaiis average electricity bill is the highest in the nation. On average, homeowners in Hawaii pay $168.21 per month for electricity. The only state that comes close is Connecticut at $150.71.
4. Massachusetts: $413.05
Coming up only nine cents short of Hawaiis average utility bill is Massachusetts, Connecticuts neighbor to the north. Massachusetts is the second of five northeastern states to land in our top ten states with the highest utility bills.
5. Rhode Island: $404.21
Like Connecticut, Rhode Island doesnt have the highest average bill for any single utility, but each of the bills we checked were among the highest in the US. Who would have thought that the smallest state would have some of the biggest utility prices?
6. New Hampshire: $395.47
7. Maine: $392.56
8. South Carolina: $385.75
9. Maryland: $380.14
10. Virginia: $378.91
What Is A Declaration Page For Auto Insurance
The Personal Auto Policy contract includes terms and conditions that apply to all of the standard auto insurance policies that are issued by a specific carrier.
While the policy terms are the same across the board for all of the policies issued, every policy has information that is personal to the insured who buys the coverage.
You can find personal information about you and your covered property on the . The key information found on the declarations page will vary from client to client.
Thats why this document is also;referred to as the information page by some agents and representatives. Information on the declaration page:
- Policyholder name and address
- Surcharges for tickets and accidents
- Drivers listed on the policy with vehicle assignments
There are a few instances when a declarations page will be helpful you review your coverage or prove that you have coverage thats required by a loss payee.
Here are some of the scenarios where you might need your information page:
- Youre buying a new car;and need to prove you have full coverage
- You want to see if there are errors on your policy ratings
- You need to verify the;loss payee clause;is accurate
- Youre shopping for insurance, and you want to compare premiums and coverage options
So make sure to save your information page in a safe place.
You May Like: Who Is The Best Home Insurance Company
What Type Of Auto Insurance Installments Can You Choose From
Most auto insurance consumers will pay their premium installments once a month. The payments will be due on the same day each month until the policy is up to renew.
Some carriers will send a physical bill every month and others will deduct the payment and the installment fee from your account automatically. Here are other installment options:
- Five-pay plan two months down and then five monthly payments with one month off prior to the renewal
- Quarterly plan payments are due once every three months
- Semi-annual plan payments due every six months
- Pay in full plan payment for the total policy premium at the beginning of the term
Canceling Policy When You Arent Using Your Car
As long as you own a car thats registered, you will need to maintain car insurance coverage in most states. Even if your car is parked in a garage, you have to keep your insurance.
To save on premiums, you can choose the state minimum liability coverage. Its advisable to also keep comprehensive insurance in place to protect the car from any damages out of your control.
Read Also: Does State Farm Carry Pet Insurance
How To Save Money On Your Utility Bills
Before we get into the nitty-gritty of how much utilities cost, heres a handful of ways to save money on your utility bills every month:
- Replace your old thermostat with a smart thermostat.
- Swap out your lightbulbs with energy-efficient replacements.
- Replace your curtains with insulated curtains.
- Unplug all your electronics when youre not using them.
- Get solar panels for your house.
- Replace your water heater if its more than 10 years old.
- Replace your furnaces air filter once every three months.
- Use less water for tasks like showering and brushing your teeth.
While we don’t talk about rent in this article, it’s an important part of your monthly costs. If you want to learn how much rent can cost in the US, check out our article on the US cities with the lowest cost of living. Also, take a look at our guide about the least livable US cities for minimum wage earners. In that guide, we talk about the average rent for a 1-bedroom apartment in the most populous US cities.