Many of us make New Year’s resolutions to save money. A great way to do this is by increasing your insurance deductible. A higher deductible means a lower premium— potentially up to 30% lower, which could save you hundreds of dollars throughout the year. Choose the highest deductible you can afford, and then set aside that amount in an interest-bearing account (like our 3 % APY* Max Checking!) This way if you ever need to file a claim, you’ll have the funds available to cover your deductible. And if you never have to make a claim, think of all the interest you’ll earn!
A multi-policy discount is another way to save on your insurance costs. Insure both your home and auto with LMIA and receive valuable discounts on both policies. Our full range of coverage options include: Personal, Business, Life and Health... plus more! Contact an agency representative for your free quote today at (616) 643-0623 or check out our website at lmcu.org/Insurance.
*APY=Annual Percentage Yield. Fees may reduce earnings. No interest paid on balances over $15K. Rate subject to change.