Call Us 314-961-7077 ☰ ˟
Logo
Email Us
Call Us 314-961-7077 Email Us
  • Home
  • Our Services
    • Cyber Liability Insurance
    • Employee Benefits
    • General Liability Insurance
    • HR Technology
    • Human Resource Consulting
    • Personal Insurance
    • Pharmacy Benefits Management
    • Short Term Health Insurance
    • Short Term Life Insurance
    • Travel Health Insurance
    • Vision and Dental Insurance
    • Voluntary Benefits
  • Get A Quote
  • Resources
    • Refer a Friend
    • Insurance Glossary
  • About Us
    • About The Meyer Group, Inc.
    • Employee Directory
    • Our Location
    • Privacy Policy
  • Contact Us
Employee Benefits Icon

Employee Benefits

We browse through a wide variety of coverages and find the right one for you.

Learn More
Human Resource Consulting Icon

Human Resource Consulting

We browse through a wide variety of coverages and find the right one for you.

Learn More
Personal Insurance Icon

Personal Insurance

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > Budgeting to Pay Multiple Insurance Policies
THURSDAY, MARCH 7, 2024

Budgeting to Pay Multiple Insurance Policies

men's gray crew-neck t-shirt

The average family has a number of insurance policies, and each of them are important in their own right. But having numerous policies also means paying for them. Regardless of your budget, you have to make sure you can keep your insurance costs in a manageable range. How can you do so?

Your insurance policies will vary in costs. However, with the right care, you can ensure first that you always pay the bills. Then, you can also work with one of our agents to guarantee that you always pay the most-affordable cost for your coverage.

Typical Policies and Their Costs

Families might have multiple types of insurance, such as:

  • Homeowners or renters insurance
  • Car insurance
  • Life insurance
  • Health insurance
  • Umbrella liability insurance

Each of these policies will offer various types of coverage. Depending on the policy you buy, where you live and various other factors, the cost of your policy will vary.

Now, think about paying $35 per month for each insurance policy you own. For just the five policies above, that would be a cumulative cost of $175. But, since it is probably impossible that you will pay $35 for any of these policies, you can expect them to take a chunk out of your budget.

You must pay your insurance premiums. Otherwise, you risk the cancellation of your policy. Not only will cancellation leave you vulnerable to other risks, but it may also make it harder to get affordable coverage in the future.

Making Sure You Can Afford Coverage

There are multiple cost advantages that you can utilize to help you save on and afford your various insurance payment.

  • Set up your bank account to automatically pay the policy’s premium on its due date.
  • Consider bundling your various policies with the same insurer. Many insurance companies offer discounts for customers who bundle multiple policies. If you bundle, you might also be able to set up payments so that all premiums pay on the same date.
  • Ask your agent what other discounts you qualify to carry. Most award multiple discounts that can reduce a client’s premiums.

Your agent knows how to help you look at your various policy options to determine which ones offer you the best savings balances.

Posted 4:35 PM

Tags: multiple insurance policies
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2025
  • 2024
  • 2023
  • 2022

  • insurance(10)
  • coverage(8)
  • business insurance(3)
  • liability(2)
  • auto insurance(2)
  • health insurance(2)
  • life insurance(2)
  • business(2)
  • homeowners(2)
  • cyber liability(2)
  • policy(2)
  • travel insurance(2)
  • small business(2)
  • small business owners(1)
  • care(1)
  • general(1)
  • spring projects(1)
  • insurance.commercial(1)
  • long(1)
  • accident(1)
  • multiple insurance policies(1)
  • final expenses(1)
  • health(1)
  • fall home maintenance guide(1)
  • boat(1)
  • vision(1)
  • dental insurance(1)
  • event(1)
  • special(1)
  • events(1)
  • vision and dental(1)
  • term(1)
  • older cars insured(1)
  • commercial(1)
  • life insurance terms(1)
  • epli(1)
  • weddings(1)
  • preparing your home(1)
  • commercial property insurance(1)
  • employee(1)
  • car(1)
  • general liability insurance(1)
  • home insurance(1)
  • benefits(1)
  • hr consulting(1)
  • small(1)
  • practices(1)
  • employment(1)
  • business interruption insurance(1)
  • bicycle safety(1)

View Mobile Version

Contact Us Today!
314-961-7077

Social Social Social Social

Resources

  • Our Products
  • About Us
  • Refer A Friend
  • Blog
  • Contact Us

Contact Us

3636 S Geyer, Suite 110 | St. Louis, MO 63127
Ph: 314-961-7077 | Fx: 314-207-3376 | info@myrgrp.com
© Copyright. All rights reserved. | Powered by Insurance Website Builder