This past year we saw a rise in the cost of almost everything.  Insurance is no exception.  It is not something any of us want to skimp on, but there are ways to lower our premiums without underinsuring our most important assets.

Raise your deductible as high as you can.  The higher your deductible, the more money you can save on your premiums. Take it anywhere from a $250 deductible to a $2,500 deductible.  With the money you will save monthly, place it in a savings account until you reach the amount of your deductible.   Keep it in the account collecting interest until you need it.