Our rental insurance is due for renewal in two months. I had received the most recent policy and was reminded that we had Valuable Property Protection attached for jewelry up to $2500. It is $28 a month. The only jewelry of significance we have are our wedding rings. And those probably cost us less than $2K when we bought them twenty years ago. The truth is we have cash to replace these if we were to lose them. We don't need to be insuring them. So $28 saved.
Our renter's insurance was $443 last year. I didn't realize our deductible was only $250! It is scheduled to renew at $432, so it did go down. However I changed the deductible to $1000, the highest allowed. Our premium will be now be $404. Not a large savings, but little amounts add up.
Overall savings is $67 a year!
I expect we will get a little refund for making the changes before the policy actually expires. I will count those dollars as snowflakes!
Renter's Insurance Adjustments
May 20th, 2016 at 01:12 pm
May 20th, 2016 at 04:38 pm 1463762325
May 20th, 2016 at 06:16 pm 1463768172
May 21st, 2016 at 05:21 am 1463808083
May 21st, 2016 at 12:04 pm 1463832253