Did you know that most insurance companies thrive on your laziness? While you live your life feeling protected knowing that you are insured on multiple levels, the insurance companies are living large. It is a good idea to review your policy to ensure that you are not overpaying and to see if you qualify for deductions (ie, a security system on your home, or even one on your car can get you a discount). If you are able to shave off $60/month – that equates to $720 year. Also, with so many insurance companies out there, you can shop around for a more competitive rate with the same amount of coverage.