Our auto insurance policy is due very soon, so I thought I’d check and see what other options there were out there to save a little money.
I contacted a few different traditional vendors. I mentioned that I would be amenable to switching our current policies holder (who is Allstate) with someone else if it would make sense.
What I was to find out was simply that the money that we were saving already because we are long time policy holders (life, auto, & home), we are already below the 4 different carriers that I spoke with on the phone. Sometimes I found that we were actually lower than some places that were only providing us limited tort as opposed to full tort with the policy coverage being the same.
Along with this, you should also consider allocating your investments differently by shifting them around through selling some funds and purchasing others. Or if you’d rather you could adjust your future mutual fund (or stock) purchases so that 6 months to 1 year later they should be fairly close to in-line with what you would like.
And finally, if you choose the option of not receiving as much income tax back when you have to file your taxes … normally April 15th or so of the year, then fill out the necessary W-4 (employee tax withholding) form. That can be found here: http://www.irs.gov/file_source/pub/irs-pdf/fw4.pdf