Dollars&Sense: Pay less for insurance

| March 25, 2009

AVOID FINANCING PREMIUMS. Because some companies require a big part of a year’s premium be paid up-front, some owner-operators – especially those whose bad driving or credit record requires a huge down payment – get that amount financed, Hogan says. Instead, he suggests, check with the provider to see if a lower-cost, flexible payment plan can be worked out.

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