Some Plans for Low Cost Insurance

Article by alien

It is very much hard to find low cost health insurance. It is expensive even if it is offered by your employer. A large chunk is going to be taken out of your paycheck for your part even if a part of premium is paid by him. You are going to be in an even direr financial dilemma if the health insurance is not offered by your employer, or if you are unemployed or self-employed. So to obtain coverage create your own policy of low cost by setting up an HDHP/HSA plan. What is this plan? Health Savings Account is generally known as HSA. Money can be saved for future medical costs by this type of account. These are part of an HDHP plan & are tax overdue accounts. To have one account you need to have another. The HDHP plan covers serious injuries, illnesses & preventive health care as well & it is a low cost & high deductible health insurance plan. HDHP plans can be either HMOs or PPOs. Both in & out of network providers can be chosen by you. Naturally, network providers are not expensive as in any health plan. Except preventive care there is a deductible for everything which is usually very high, so to keep the premium prices low. There is an attachment of Health Savings Account (which is also known as Health Reimbursement Arrangement) with HDHP plan. Up to a certain amount of your salary can be set aside each pay period with the HSA to go into account. Each year contribution between ,000 & ,000 to the plan is allowed by most plans. The amount of money that is being added to the account in the beginning can be re-paid in automatically deducted installments by you. By default, the HDHP/HSA combo can be translated into a de facto health insurance plan of low cost, when a traditional health insurance plan is not chosen. For those who are with overall good health & minimal health care expenses, this is an excellent option. Care of co-pay costs, regular prescription & set aside money, without breaking the bank, for unforeseen health expenses is allowed by this type of plan. The HDHP/ HSA plan may be best for you, if you can’t afford a traditional policy & need health coverage now, so talk about setting one up to your employer or insurance agent.

.

Some Tricks To Help You Get Cheap Auto Insurance

Article by Jean A. Reeves

It is not always necessary that you must pay high premiums for your auto insurance because there are certain tricks that can help you actually get very cheap auto insurance. Simple things can help you coax the insurance company into giving you reasonable auto insurance. For one, it makes sense to opt for high deductibles which is a simple method that will help you get cheap auto insurance. In fact, if you are insuring an older model vehicle this is the best option for you because for old cars there is not much sense in having too extensive an insurance coverage.

Deal With Existing Insurance Provider

You can also get cheap auto insurance by dealing with your existing insurance provider who is already insuring your home or even a second vehicle. These insurers will already know your personal details as well as your financial condition and if your payments have been up-to-date you can expect a better deal by also insuring your vehicle with them. You will, if your payments have been made on time, be in a better bargaining position and so chances of getting cheap auto insurance will improve dramatically.

When getting your vehicle insured you can use another trick in order to get cheap auto insurance. Simply omit family members that have a bad insurance record from your insurance plan because if the insurance company does not find people in your family with high risk rating they will be more amenable to giving you cheap auto insurance.

It is also possible to get cheap auto insurance by purchasing a vehicle which does not cost much to repair and to get an idea about which vehicles have lower repair costs you should read some auto reviews where such information is readily available.

Lastly, you can also get cheap auto insurance by getting your vehicle insured during peak season which is when auto insurance companies lower their rates in order to get more customers. So, it makes sense to wait till the festive season begins and also wait for year end and December which is when the best auto insurance rates are readily available.

When it comes to finding cheap auto insurance you will need to realize that the whole exercise is akin to finding a needle in a haystack. It means spending hours calling individual insurance companies or browsing the Internet. With luck and plenty of hard work you should eventually find something that meets your needs.

One last tip in regard to cheap auto insurance and that is that you can get a lower rate by opting to pay annually instead of paying on a monthly basis as the annual payment plan will ensure that you don’t need to pay interest on each of your monthly premium payments.

.