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Dave’s Easiest Money-Saving Tip

Everyone loves saving money—especially since we’re all spending more on gas, groceries and pretty much everything else under the sun these days. The last few years were pretty rough, and people are looking for even more ways to save a buck or two going into 2024.

You probably already know some of the usual ways to save—from packing brown-bag lunches to having an extreme no-spend month. But here’s an easy one you might not have thought of yet: doing a coverage checkup with one of our RamseyTrusted insurance pros! (Probably didn’t see that one coming, did you?)

Hear us out, though. This easy money-saving tip is worth your time!

The Difference Is in the Name

Right now, you could be shelling out more cash than you need to for insurance. RamseyTrusted pros can help you find the best deal out there because they’re independent insurance agents.

Why is using an independent insurance agent such an easy money saver, you ask? It’s all in the word independent. They’re not limited to a single insurance provider’s options. Because they have access to a network of insurers, an independent agent casts a wider net to find you the best deals on coverage that’s right for you. It’s like having your own personal shopper . . . but for insurance.

And you can be confident knowing your independent agent doesn’t have a stake in the game when it comes to which provider or policy you choose. They don’t get paid extra for helping you choose a specific one—so at the end of the day, you’ve got all the facts and can make an independent choice!

Insurance Isn’t Like Fine Wine . . .

The only constant in life is change, right? We all know that. But a lot of people treat their insurance policy like a bottle of red that just gets better with age. Spoiler alert: Insurance doesn’t work like that.

Never taking a second look at your insurance policy is a mistake that could cost you. In fact, a recent study conducted by Ramsey Solutions found that 20% of Americans never evaluate their insurance coverages.1 Ever. That means they could be missing out on new discounts that apply to where they’re currently at in life.

Did Junior get good grades this semester? Did you get married recently? Do you have a different commute these days? All of these are good reasons to check your insurance rates.

It’s About More Than Your Bottom Line

You also shouldn’t have to sacrifice your coverage quality to save a buck. Saving money is awesome. But cutting costs shouldn’t mean cutting corners. A true pro takes time to walk you through your coverage options so you can make the decision that’s right for you.

Sadly, this basic level of service isn’t always part of the package. Many people don’t fully understand the details of their insurance policies at all. And if you’re confused about what’s covered and what’s not, that could really cost you. Things like floodsearthquakes, and normal wear and tear are not usually covered under a basic homeowners policy. And if you didn’t buy comprehensive auto insurance, you aren’t covered if something crazy happens—like a chipmunk eating your truck’s wiring (it happens).

So be sure you know what you’re paying for. No one wants to be surprised in the middle of a crisis when they’re trying to file a claim. Our free 5-Minute Coverage Checkup will look at your unique needs to make sure you have the right kind of coverage for:

The great news is you could get more protection for less by going through an independent insurance agent—like Shannon B. from the Ramsey Baby Steps Community on Facebook did.

 Do you have the right insurance coverage? You could be saving hundreds! Connect with an insurance pro today!

“If you haven't looked into the Ramsey recommended car insurance, do it NOW,” Shannon said. “I took a leap of faith and emailed the recommended car insurance agent and am now paying less than half that and have all the bells and whistles I didn't have before.”

Start Saving Today

What would you do with extra money every month? Knock out a little more of your debt snowball, boost your retirement fund, or get hustling on paying off your mortgage? The possibilities are endless! So what are you waiting for?

If you don’t have an independent insurance agent already lined up, we have some awesome recommendations. We’ll help you find local insurance pros who are RamseyTrusted, meaning they have a solid track record of providing excellent service—and we’ve already vetted them for you! They’re experts with a heart of a teacher who will find you the right coverage.

Connect with a RamseyTrusted insurance expert today.

1From Ramsey Solutions study The State of Personal Finance. The State of Personal Finance study is a quarterly research study conducted by Ramsey Solutions with 1,004 U.S. adults to gain an understanding of the personal finance behaviors and attitudes of Americans. The nationally representative sample was fielded September 29, 2021, to October 6, 2021, using a third-party research panel.

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About the author


Ramsey Solutions has been committed to helping people regain control of their money, build wealth, grow their leadership skills, and enhance their lives through personal development since 1992. Millions of people have used our financial advice through 22 books (including 12 national bestsellers) published by Ramsey Press, as well as two syndicated radio shows and 10 podcasts, which have over 17 million weekly listeners. Learn More.

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