Introduction
As the new year begins, it’s a perfect time to review your expenses and find ways to save money. One area where you can potentially reduce costs is your home and auto insurance. By comparing your current coverage with the discounts available from top insurance providers, you may be able to save hundreds of dollars annually. In this article, we will explore how you can start off the new year by checking on your home and auto insurance rates and take advantage of potential savings.
Assess Your Coverage
Before diving into the process of comparing insurance rates, it’s essential to assess your current coverage. Take a close look at your auto and homeowner’s insurance policies to understand the level of protection they provide. Note down any areas where you feel you may be over-insured or under-insured. This will help you make an informed decision when exploring alternative options.
The Voluntary Choice Auto and Home Program
Johns Hopkins University offers a voluntary program called the Choice Auto and Home Program, which allows you to conveniently compare your current coverage to the discounts available from some of America’s top insurance companies. By making a single phone call, you can assess the potential savings from providers such as Progressive, Liberty Mutual Insurance, Farmers GroupSelect, Travelers, Safeco Insurance, and Drive Insurance.
Unlock Special Discounts
One of the significant advantages of participating in the Choice Auto and Home Program is the opportunity to unlock special discounts. By enrolling in the program, you could immediately save up to 15 percent with a special Johns Hopkins University discount. This exclusive offer can significantly reduce your insurance premiums, putting money back into your pocket.
Real Savings from Program Participants
Many faculty, staff, and LiUNA bargaining unit members who have participated in the Choice Auto and Home Program reported substantial savings on their auto insurance premiums. On average, they saved $803 per year. These savings can make a significant difference in your annual budget and provide an opportunity to allocate funds to other essential areas of your life.
Seamless Switching Process
If you discover that you could be paying less for your insurance coverage, the Mercer Voluntary Benefits team is ready to assist you in making a seamless switch. While you’re on the phone comparing rates, they can help you transition to a new provider, ensuring that your savings start right away. Additionally, you can activate convenient payroll deduction, making it easy to pay your insurance premiums without any hassle.
Explore Additional Insurance Opportunities
In addition to potential savings on auto and homeowner’s insurance, the Choice Auto and Home Program offers discounts on various other types of coverage. If you own a boat, motorcycle, or RV, you can explore the possibility of getting discounted insurance for these vehicles. Furthermore, scheduled personal property coverage, such as jewelry, may also be available at lower rates through the program.
Getting Quotes and Making Decisions
To take advantage of the Choice Auto and Home Program, visit jhuvoluntarybenefits.com or call 866-795-9362 to get quotes from a licensed representative. When you reach out, you’ll be speaking with a customer service representative dedicated to JHU faculty, staff, and LiUNA bargaining unit members. They will guide you through the process, helping you compare prices and make informed decisions about your insurance coverage.
Benefits of Comparison Shopping
Engaging in comparison shopping for your home and auto insurance coverage can bring several benefits. By exploring multiple options, you can ensure that you are getting the best value for your money. Comparing rates allows you to assess the level of coverage each provider offers and identify any additional benefits or features that may be relevant to your needs. Taking the time to review your options can give you peace of mind knowing that you have made an informed decision.
Paying Less for Insurance Premiums
One of the primary motivations for checking on your home and auto insurance rates is the potential to pay less for your premiums. By leveraging the discounts available through the Choice Auto and Home Program, you can significantly reduce your insurance expenses. The money saved can be directed towards other financial goals, such as paying off debt, saving for retirement, or investing in your future.
Conclusion
Start off the new year by checking on your home and auto insurance rates to ensure you are getting the best value for your coverage. The Choice Auto and Home Program offered by Johns Hopkins University provides an excellent opportunity to compare rates from top insurance providers and potentially save hundreds of dollars annually. Don’t miss out on the exclusive discounts available through this program. Take the time to assess your coverage, explore alternative options, and make an informed decision. By doing so, you can begin the new year with peace of mind and extra money in your pocket