Saving money on insurance in 2013

(NC)—It's hard to believe that the first quarter of 2013 is almost over. If you're like millions of other Canadians, you probably made a resolution back on January 1 to save more money and reduce your debt. Well, how's it going so far? Remember that reaching this particular finish-line requires discipline and diligence. It also helps to know a few money-saving tips, so the experts from Desjardins Insurance have put together a few to help you save on your house and car insurance.

1) Choose the right home insurance: Take your time, do your research and be selective. Don't let a lower price be your only guide, as coverage varies by company. For example, some insurers provide certain types of water damage protection, while others don't. It's also important to make a list of your needs and personal items before you get a quote. Being thorough from the start makes it easier to compare companies.

2) If you're planning to renovate, be sure to call your insurance provider: Before starting any renovation project, it's important to notify your insurance company because some renovations could impact your insurance coverage. For example, if you vacate your house for more than 30 days while the work is being done without informing your insurance company, you would be violating your policy. This is particularly important if your house is burglarized during this period because there's a good chance your claim wouldn't be covered.

3) Secure your cottage at the end of the season: Here's a brief check list to help you stay organized:

• Be sure to clean out the gutters and the chimney. Then make sure to cover the chimney to keep out the weather and animals.

• Secure and seal all the windows, any small openings and the doors.

• Burglar-proof your cottage by leaving your place as uninteresting as possible. Chain up the gate or fence at the entrance of your driveway. Pack away all outdoor furniture and remove any fire hazards.

• Turn off the water, electricity and in some cases the natural gas. Be sure to drain the pipes to prevent freezing and cracking. Pouring environmentally friendly non-toxic antifreeze (used in RVs) into your toilets is a good idea if you're unable to drain them completely.

4) Use winter tires: Quite simply, winter tires are designed to save lives. They are made from innovative rubber compounds that are softer and more pliant. They also have deeper, specially-designed treads that allows them to perform better on ice, snow and slush, but also in both dry and wet conditions when the temperature dips below 7C. Another benefit of using winter tires is that some insurance companies will reward their clients with a discount on their auto insurance.

5) Finally, consider combining your home and auto insurance: In some cases you may be eligible for a reduced rate by joining your car and house insurance, especially if you've been with your insurer for a while. Another simple way to increase your auto insurance savings and enjoy greater convenience is to consider insuring all of your personal vehicles with one provider.

For more information on how you can save money on your home and auto insurance, and for a quote, visit Desjardins Insurance at www.desjardinsgeneralinsurance.com.

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