HARRISBURG — Pennsylvania Insurance Commissioner Jessica Altman reminded Pennsylvanians to review, and possibly update, their insurance policies, including home, auto and health insurance, and encouraged consumers to explore the savings options for 2022.
“The new year is a good time to review insurance plans to make sure all policies are up to date,” Altman said. “2021 has been another year of continuous change, so it’s important to make sure all policies reflect any major life changes. Reviewing your policies can also be an opportunity to identify savings that could now be applicable in 2022.”
Pennsylvanians can find savings in their auto insurance policies if their working conditions have changed. People who have changed jobs, are no longer working, or have stopped coming to work should call their auto insurance company or agent. Many insurers’ rates are based on annual mileage, whether a consumer commutes to work, and the distance traveled. If you no longer drive to work, drive to work less often, or have a shorter commute to another workplace, people may be eligible for a lower premium.
New and existing homeowners should always be sure to compare prices and coverage of homeowners insurance options. Prices for similar coverage can vary widely from company to company, and in some cases the company offering the cheapest price may also offer the lowest coverage.
Many insurers offer a discount for having security devices in your home, such as smoke detectors, burglar alarms, sprinkler systems, door deadbolts, or window security devices. Some insurers offer discounts for smart home devices such as those that monitor water leaks. There are also insurers that offer lower prices for things like bundling your home and auto insurance with the same company.
With the new year comes new resolutions to improve our health in various ways. Pennsylvanians who have health insurance coverage through their employer should consider checking with their human resources department for relevant discounts that may apply. Many employers offer discounts for attending health incentive programs or a smoking cessation program. Additionally, many insurers offer discounts on local or national health clubs, saving money on membership fees for the individual, as well as their family.
Any Pennsylvanian who still needs health insurance coverage for 2022 can still enroll through https://pennie.com/, the Pennsylvania State Insurance Exchange. Consumers can purchase comprehensive health insurance coverage until January 15, for coverage that begins February 1. Navigators are available to provide free assistance to Pennsylvanians who wish to purchase new coverage. With savings from the American Rescue Plan, 90% of Pennie customers receive financial assistance to pay their monthly premium. Many may also receive assistance to reduce personal expenses such as copayments and deductibles.