1. Shop around - they can vary by hundreds, it depends on the claim experience they have had. Policy changes happen over the years

2. Improve your credit score - they look at this when setting your rate. So pay your bills on time, check out your credit report aswell

3. Buy a safe car - Makes it even lower for your rates

4. Raise your deductible - to around $1000 can lower premiums by 15%. Another good idea is also eliminate collission coverage when its only worth a few $1000’s. Increase your liability limits aswell

5. Hunt for Discounts - If you have young driver there are discounts for them. Look into how many miles you drive. If you drive 75,00 a year or have home owners through the same company aswell that can reduce it.

Your best options if you think its heading that way is to seek out advice from a FEE only financial planner or a non profit counseller

They usually will help you by providing you ways to increase your income and decrease your expenses so you can afford your payment each month.

So what about Re financing to get a lower mortgage payment?

Refinancing is not an option if your facing foreclosure because usually the person owes more to their mortage lender  than the house is worth

So what do you do if you cant refinance or afford the payments?

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