Ask yourself for health insurance - Do I want to keep my doctor?

When you choose for an individual health insurance policy, it pays to do your homework. So you should ask yourself some key question.

Do I want to keep my doctor?
If you have a particular physician you like, that might dictate whether an HMO or a PPO is right for you. In an HMO, you must use the plan's network of doctors in order to receive coverage. A PPO plan will let you visit any doctor.

For save on home insurance # Consider actual cash value vs. replacement cost

Actual cash value coverage reimburses you for the value of your property at the time of damage or loss, minus your deductible. If you buy this option, you need to account for depreciation of your property, which may result in a lower claim payment than you expect.

For save on home insurance # Maintain a good credit history

Many insurers now check your credit and can adjust your price based on your level of "risk" as judged by your credit history, where allowed by state law. Make sure your credit is in good shape when you apply for policies.

For save on home insurance # Look for private insurance first

If you live in a high-risk area — one that is especially vulnerable to coastal storms, wildfires or crime — and think you'll be forced to buy home coverage from your state's high-risk insurance pool, check first with an independent insurance agent. You may find that you can still buy insurance at a lower price in the private insurance market than from your state's insurer of last resort.

For save on home insurance # Check your coverage annually

You want your policy to reflect the value of your home and belongings. If you review your policy every year, you will be able to make the necessary adjustments. If, for example, you just sold a valuable painting, you won't need the same amount of personal property coverage. But if you've added a garage, you'll need to increase your dwelling coverage.

For save on home insurance # Stay with an insurer

If you've kept your coverage with a company for several years, you may receive special consideration. Several insurers will reduce their premiums by 5 percent after you stay with them for three to five years; and some companies will discount you as much as 10 percent after six years.

For save on home insurance # Look for group coverage

Large employers and business associations often work out deals with an insurance company, which includes a discount for employees and members.