Factor number seven is a quick one that you’re probably taking advantage of if you can – retirement discounts! Some companies will offer discounts because they know that retirees are safe for a variety of reasons. For example, since retirees are home more often than non-retirees, they are able to respond to emergencies much faster than people who are not home at the time – such as fires, thefts, etc.
If you’re over 55, try asking your insurer if they’ll give you a discount, you never know!
This article is part of a series of ten that discuss the ten factors that affect insurance premiums.
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