Carmine

Anybody who is NOT ignorant of insurance needs knows the value of long term care insurance and when it becomes necessary. We have to make sacrifices here and there to make sure we have it (The mere thought of what could happen if you don't have it horrifies you) Here's a way to save some more on long term care insurance without compromising yourself.

What I'm about to share with you will work well in direct proportion to the number of other insurance policies you already have. It won't work well if you don't have at least two other insurance policies. Now that we know those it will work for, let's hit the road.

Multiple policies with the same insurance company usually attracts special discounts. Just keep this information at the back of your mind for later.

Extensive shopping and careful comparisons are involved in this process so you'd have to make out ample time. Quotes sites will help make our shopping and comparisons easier. But then you'd have to visit at least three quotes sites to make this work well.

Your progress will be slower if you don't have all your details ready. It, therefore, makes a lot of sense that you get them before you start.

The step is as simple as obtaining quotes for each insurance policy from each quotes site. Repeat for the next insurance policy and the next until you're through.

If you've done this well (visiting at least three quotes sites for each policy), you'll have at least three sets of quotes for each of your current policies: Auto, health, home, life, etc. There will be both high quotes and low ones. The reason for this huge difference in quotes is the subject of another article.

Pick out the lowest quotes. You can make an exception if the price slash comes with compromises on the quality of coverage or service you get.

Look closely at the lowest quotes for each policy. The difference between each offer and what you're paying now is what you'll save if you switch. Just make sure you ask eventually before paying to make sure no important feature is slashed out.

What you save will depend on a number of factors. But someone was able to save over $2,500 on just one insurance policy (his auto insurance policy).

Since savings possible depend on several factors that I can't cover here, you may have to add something if you don't save enough to pay for you long term care insurance policy.

Those who have one or two insurance policies only are more likely to make less savings. They may have to add some money to be able to buy their long term care insurance policy.

You can find out now whether what you'll save will be enough to pay for a long term insurance policy. You would have made savings even if what you make can't pay for a long term care insurance policy (The money saved is yours to keep).

Here are my favorite sites for long term care insurance quotes...

InsureMe Long Term Care Insurance Quotes

Hometown Insurance Quotes

Chimezirim Odimba writes on long term care insurance.