In this podcast episode, Joe Ducey discusses the rising costs of car and home insurance. He is joined by Suzanne Tatz, owner of Stats Agency, and Nathan Mason, owner and broker with Insurance Professionals of Arizona.
Key points:
- Claims impact premiums: The number and type of claims can significantly impact insurance premiums.
- Windshield repairs: Minor windshield repairs can often be done out-of-pocket to avoid insurance claims.
- Medicare misconceptions: Many people have misconceptions about Medicare, including its coverage and the importance of supplemental plans.
- Medicare scams: Scammers often target Medicare beneficiaries with fraudulent offers and misinformation.
- Rising insurance costs: Insurance premiums for both auto and home insurance are on the rise due to factors such as inflation, natural disasters, and increased claims.
- Strategies for saving money: Strategies for saving on insurance costs include increasing deductibles, bundling policies, and shopping around for the best rates.
By understanding these key points and taking proactive steps, consumers can help mitigate the rising costs of insurance.
