Nationwide Give Away: $25 B & N Gift Card Plus Smart Ways to Save on Auto Insurance

by Laura on May 1, 2011

This is a guest post from Andrew Royster, the President of Andrew Royster Insurance Agency.  I asked him if he would mind writing an article for A Frugal Chick about how to save on your insurance without compromising your coverage.  I think it’s a VERY confusing topic but with everyone looking to cut back on expenses right now, knowing everything you can about your insurance makes sense!

 Across the country, people continue to look for ways to stretch their budgets and cut costs. But when trying to cut costs on auto insurance, consumers should be wary of making penny wise, pound foolish decisions that could put them at risk financially.

In a rush to save money, be careful not to cut corners in areas that help protect you and your family. Although it is important to save money in the short-term, you could find yourself unable to pay for your auto repairs or for liabilities to others in the case of an accident. Since insurance is designed to help protect consumers against the unknown, it can be difficult to know how much protection is needed.

Here are some pointers to keep yourself protected while still saving money:

1. Slow down. Drivers who have had accidents or serious traffic violations usually pay more than those with clean driving records, so consider safe driving a financial investment (for example with Allstate’s safe driving discount, safe drivers can save up to 20 percent.)

2. Buy the right car. A car’s value, age, safety record and repair costs, as well as the likelihood that it could get stolen, all help determine insurance premiums. Also, certain car features may generate insurance savings. For example in most states, a car equipped with factory-installed anti-lock brakes can save you up to 10%, and airbags or motorized seatbelts could reduce your premium up to 30 percent. A brand-new, never-been-titled car could reduce your premium by 5-20 percent, depending on the state and model-year of a vehicle. (Note from Laura – I am leaving this in because it is true information but one day I will probably write a post about how I think you should never buy a brand new car. Make sure to consider the depreciation and interest rate if you are not paying cash.)

3. Pay your bill through automatic withdrawal. Many insurance companies offer payment choices through automatic withdrawal. (For example the Allstate® Easy Pay Plan offers automatic withdrawal from a person’s account and may provide a discount of up to 5% on premium, depending on the state.)

4. Study hard. In most states, full-time students who meet GPA requirements could save on auto insurance premiums with a discount of 10-20 percent.

Five things to think twice about:

1. Your deductible. The higher the deductible, the lower the premium; however, you should make sure you can afford to pay your deductible if you have an accident. Raising a deductible higher than you can afford could prevent you from being able to fully repair your car after an accident.

2. Your liability limits. If you’re at fault in an accident, you could be held legally responsible for the medical and repair costs of others. Liability coverage can help protect policyholders from these potentially devastating expenses.

3. Uninsured motorist coverage. Uninsured motorist coverage can protect you if you are injured in an auto accident caused by someone with no insurance. A recent report by the Insurance Research Council predicts that the percentage of uninsured motorists will increase nationally from 13.8 in 2007 to 16.1 percent in 2010. Consumers should review their auto insurance policies to ensure they have the coverage amounts they need.

4.  Personal injury or medical payments coverage.  Accidents are never planned, but planning ahead with the right insurance coverage can make a huge difference following an accident with injury. Medical Payments coverage helps pay for medical treatment for accident-related injuries. Personal Injury Protection helps reimburse people for lost income, child care expenses, medical expenses, and other costs that may result from accident injuries. Check with your local agent to find out which of these coverages are offered in your state.

5. Comprehensive coverage. Comprehensive coverage helps protect cars in situations that don’t necessarily involve other drivers or vehicles such as damage from a storm or natural disaster, vandalism, or even a falling tree. Since policies typically cap coverage at the actual cash value of the car, the older your car is, the more you might consider dropping this coverage.

Okay back to Laura from here on out:

I thought Andrew did a great job laying out some money saving tips on insurance.  I have learned a few things from reading this and will be pulling my policy up online to review it.  Oh but wait… I don’t have to!

Currently, the Andrew Royster Insurance Agency is offering A Frugal Chick readers – Allstate customers or not – a free review of their current insurance limits and deductibles through the “Good Hands Coverage Check-up.”  They will take the time to review everything with you and suggest where you may need more or less coverage.  You can contact them through their facebook page or find their contact information here.  I hope you will take advantage of this great opportunity.

So now onto the Give Away!  Andrew has given me a $25 Barnes and Noble Gift Card to give to one lucky reader.  You can enter up to 3 times using each of these methods:

1-  Leave a comment on this post telling me the last time you reviewed your car insurance and how much money you saved!

2- Like “The Andrew Royster Insurance Agency” on facebook.  Then leave a comment on this post telling me you did!

3- Like “A Frugal Chick” on facebook.  Then leave a comment on this post telling me you did! 

This contest will continue until May 11th at noon.  Then I will pick the winner using random.org.  Once the winner has been selected I will e-mail them and as long as I hear back within 24 hours they will receive the $25 Barnes and Noble card!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
It is important to note that this blog accepts forms of cash advertising, sponsorships, paid insertions, or other forms of compensation. The compensation received will never influence the content, topics or posts made in this blog. All opinions stated in this blog belong to its author and no one else. I will only endorse products, companies, and services that I have found worthy of my time and opinion. A Frugal Chick is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com.


{ 140 comments }

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Eileen May 10, 2011 at 5:38 am

LIKED Andrew Royster INsurance on FAcebook! eileen richter

and now cant get the Nationwide little song outta my head!

thanks!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Eileen May 10, 2011 at 5:36 am

I LIKE Frugal Chick on Facebook!
eileen richter

thanks!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Eileen May 10, 2011 at 5:36 am

We probably haven’t reveiwed for a good 4 years. So guess we are not saving much. We have a company from my husband’s HOME town and he hates to price shop for insurance cuz is a afraid to look cheap. I say WE WANT good coverage for cheap and this guy should be looking out for us in the first place. customers for over 20 years!

thanks a bunch for hosting. My 11 year old would ADORE the book card!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Melissa N May 9, 2011 at 11:40 pm

Don’t remember the last time I reviewed it.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Melissa N May 9, 2011 at 11:39 pm

I like a frugal chick on facebook.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
alison May 9, 2011 at 9:10 pm

liked the The Andrew Royster Insurance Agency on fb

asheardy@yahoo.com

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
alison May 9, 2011 at 9:09 pm

liked a frugal chick on fb @ alison sheardy czischke

asheardy@yahoo.com

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
alison May 9, 2011 at 9:08 pm

we last reviewed our ins about 3 months ago when we moved and saved about 100.00

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Dana @ the Coupon Challenge May 9, 2011 at 12:46 pm

Like you on fb

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Dana @ the Coupon Challenge May 9, 2011 at 12:45 pm

I reviewed mine about a year ago, I added coverage :)

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Samanha Linneman May 8, 2011 at 10:15 am

I checked rates on my insurance 2 years ago and saved $200 per year.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Samanha Linneman May 8, 2011 at 10:14 am

I “like” Andrw Royster FB.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Samanha Linneman May 8, 2011 at 10:11 am

I “like” A Frugal cick on FB.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Dee May 8, 2011 at 12:26 am

I like andrew on fb as Dee G :)

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Dee May 8, 2011 at 12:25 am

I like you on fb as Dee G

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Dee May 8, 2011 at 12:25 am

I reviewed my car insurance about 8 months ago and I saved around two hundred bucks which was great! :)

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Joan G May 6, 2011 at 12:50 pm

Seriously, I dont know when the last time was that I reviewed my insurance, but I just was talking to my “other-half” about it yesterday!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Maria Malaveci May 6, 2011 at 10:29 am

Like “A Frugal Chick” on facebook.

mmalavec@ at med.umich.edu

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Maria Malaveci May 6, 2011 at 10:29 am

Like “The Andrew Royster Insurance Agency” on facebook

mmalavec at med.umich.edu

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Maria Malaveci May 6, 2011 at 10:28 am

My husband always reviews our car insurance, and I know it was recently.

mmalavec at med.umich.edu

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Kennedy May 6, 2011 at 9:34 am

I liked both FB pages!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
diane May 6, 2011 at 6:34 am

I am a fb fan

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
diane May 6, 2011 at 6:33 am

Reviewed my insurance about 9 months ago….dont find much difference in different policies

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
bethypants May 5, 2011 at 2:12 pm

we reviewed our car insurance in december and wound up moving my husband from his company to mine to save a couple hundred dollars.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
ACMommy3 May 4, 2011 at 10:09 pm

We reviewed our insurance a few months ago with a sale of a vehicle + purchasing a new vehicle…and saved a couple hundred! :-) Great article!!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Julie Powers May 4, 2011 at 10:02 pm

Like “A Frugal Chick” and “Andrew Royster Insurance Agency” on fb. :-)

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Michelle May 4, 2011 at 10:46 am

Reviewed our insurance last week. Only we weren’t able to reduce any – we added…we added a new teen driver!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Callie May 4, 2011 at 10:11 am

I haven’t reviewed it in a long time—I guess I need to go do that this week!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
DENICIA May 4, 2011 at 9:12 am

I like Afrugalchick on Fb!!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Tonia Kolantis May 4, 2011 at 7:05 am

I reviewed my policy in December during a lesson I was teaching my high school classes. My students wanted me to review my own policy, and I ended up saving almost $400 for the year. What an eye-opener!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Heather Key May 3, 2011 at 10:15 pm

I follow on FB

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Heather Key May 3, 2011 at 10:14 pm

We changed our auto policy last year and save quite a bit!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Mary Beth Elderton May 3, 2011 at 9:06 pm

We reviewed ours just a month ago, when we removed a car we sold. We got a pretty good deal in the changeover.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Lindsey Griems May 3, 2011 at 6:41 pm

I like you on FB.

FB NAME: I Heart Giveaways

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Lindsey Griems May 3, 2011 at 6:40 pm

I like Andrew Royster Insurance Agency on FB adn thanked him for the giveaway.

FB NAME: I Heart Giveaways

Link to post: http://www.facebook.com/RoysterAgency/posts/117429371671561

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Lindsey Griems May 3, 2011 at 6:38 pm

I have not reviewed my car insurance since I bought the policy. This post is making me think that I should… lol

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Marleen V May 3, 2011 at 3:10 pm

I like Frugal Chick on FB

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Marleen V May 3, 2011 at 3:09 pm

We’ve just always been with State Farm…so it’s been 15+ years since I’ve had our insurance re-evaluated with another carrier…SF does it every 6 months or so internally.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Erin May 3, 2011 at 2:41 pm

I switched to Andrew Royster Allstate and Financial Services in December. He was able to thoroughly explain my current policy and got me BETTER coverage for the same rate I was paying with my previous company. I also have an appointment to sit down with Andrew next month to begin a life insurance policy.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Penny Jones May 3, 2011 at 2:37 pm

I like The Andrew Royster Insurance Agency and A Frugal Chick on Facebook. And I just reviewed my insurance and didnt save any money.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Lisa May 3, 2011 at 12:29 pm

I like AFC on FB :)

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Alycia E May 3, 2011 at 12:28 pm

i liked u on facebook!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Alycia E May 3, 2011 at 12:28 pm

I like The Andrew Royster Insurance Agency on facebook

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Lisa May 3, 2011 at 12:28 pm

We pay our insurance every 6 months. When I get the bill, I call our agent for a check-in to make sure we are still good to go!

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Alycia E May 3, 2011 at 12:27 pm

I reviewed my car insurance about 2 years ago, I didnt save any money.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
katie a May 3, 2011 at 12:27 pm

I reviewed my insurance last 3 months ago and i havent really saved any over last year

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Sassy May 3, 2011 at 11:20 am

I like frugal chick on FB
Sasha Lang

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Sassy May 3, 2011 at 11:19 am

I reviewed my insurance about a year ago and saved $50 a month! That is $600 a year :)

sassysasha817 at gmail dot com

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Mary Ward May 3, 2011 at 11:04 am

We actually just changed our insurance after a review. We saved around $100. It pays to review it every so often.

  • Share This Post:
  • Share This Post on Facebook
  • Email this Post
  • Share this Post on Twitter
Jennifer Chaisson May 3, 2011 at 10:55 am

I like Andrew Royster insurance agency on facebook

{ 11 trackbacks }

Previous post:

Next post: