Everyone loves saving money—especially since we’re all spending more on gas, groceries and pretty much everything else these days. The last few years have been rough, and people are looking for even more ways to save a buck or two in 2025.

You probably already know the usual ways to save—from packing brown-bag lunches to having an extreme no-spend month. But here’s one potential money-saver you might not have thought of: taking the free Coverage Checkup. Hear us out, though. This tip is worth your time!

Insurance Isn’t Like Fine Wine . . .

A lot of people treat their insurance policy like a bottle of red that just gets better with age. Spoiler: Insurance doesn’t work like that.

Never taking a second look at your insurance policy is a mistake that could cost you. That’s because you could be missing out on new discounts (or lacking new coverage) that apply to your current life situation.

Did Junior get good grades this semester? Did you get married recently? Do you have a different commute these days? All of these are good reasons to check your insurance policies and find out if your coverage needs have changed along with your life.

Get a Clear Action Plan for Your Insurance

Right now, you could be shelling out too much cash for insurance. Our Coverage Checkup will tell you what kinds of insurance you need and don’t need based on your situation. How does it work? Well, here’s a deep dive on the whole plan. But for now, we’ll give you a quick breakdown.

First, if you’re new to the checkup, you’ll answer a few questions about where you’re at with your current coverage. (If you’re a returning user, your previous answers will be stored for future coverage needs and updates.) Based on your answers, we’ll generate a Coverage Checkup action plan for you that identifies what to keep, add or nix.

But we don’t just leave you with the bare facts. We show you exactly how to get busy connecting with RamseyTrusted^® pros who can help you find the right mix of policies and premiums. They’ll also help you be sure you know what you’re paying for—because no one wants to be surprised in the middle of a crisis when they’re trying to file a claim.

We’ve vetted all the pros we recommend to make sure they’re experts with a heart of a teacher and have a reputation for providing excellent service. And, because RamseyTrusted pros are independent insurance agents, you could potentially save money too!

How might an independent insurance agent save you money, you ask? It’s all in the word independent. They’re not limited to a single insurance provider’s options. Because they have access to a network of insurers, an independent agent casts a wider net to find you better deals on coverage that’s right for you. It’s like having your own personal shopper . . . but for insurance.

Of course, price isn’t the only factor in getting the right coverage. Saving money is awesome, but making sure you have enough coverage to protect you financially (and steering clear of scams) also matters—a lot!

So, while connecting with trustworthy independent insurance agents through the Coverage Checkup could save you money on the insurance you buy, the best part about the checkup is that it shows you the kinds of coverages you need—as well as the ones you should drop or update. It lays out your crystal clear path to getting any policies and protections you and your family need to be completely covered:

Even More Ways to Save on Insurance

The Coverage Checkup isn’t the only idea we have for helping you save money on insurance (although you should take it to get your own action plan). If you’re feeling the pain of rising insurance premiums and looking for as many ways to save as possible, here are a couple of suggestions to try.

Switch From Whole Life to Term Life Insurance

The only thing worse than paying for whole life insurance is having no life insurance at all (but we have to admit that having no coverage is at least cheaper). Thankfully, whole life or nothing are not your only two options.

There’s also the silver bullet of life insurance—term life! Term life is the best because it does what life insurance should do: replace your income for your family if something happens to you . . . without any gimmicks. Whole life policies try to combine life insurance with investing. That’s not only confusing—it’s also way more expensive than term life.

If you want to know more about why term life is such a better value for you, check out this detailed comparison of term versus whole life insurance. But for now, let’s just say that switching to term life is a simple way to save a lot of money right quick.

Get an Online Will Instead of Using a Lawyer

While a last will and testament is not technically insurance, it is a key protection for you and your family. That’s because it gives you control to decide who would get your stuff and take care of your kids if something happened to you.

A lot of people assume you need a lawyer to make a will, which sounds expensive and time-consuming. But making a will online is just as legit—and a whole lot easier too. Plus, it’s way more affordable! We recommend our friends at Mama Bear Legal Forms to get it done. They’re RamseyTrusted partners, and they can set you (and your spouse) up with a state-specific will from the comfort of your laptop.

It’s About More Than Your Bottom Line

The Coverage Checkup is a great tool for spotting gaps in your coverage. And it could—repeat could—save you some money.

If that happens for you, we’d be thrilled. Every little bit of savings helps!

But here’s the thing: Even if you don’t save any money on premiums right away, taking action to get the right kinds and amounts of insurance is always the right thing to do. Let’s look at some examples of how coverage gaps can bring a lot of financial pain.

For starters, things like floods, earthquakes, and normal wear and tear are not usually covered under a basic homeowners policy. And if you didn’t buy comprehensive auto insurance, you aren’t covered if something crazy comes along—like a chipmunk eating your truck’s wiring (it happens).

Cutting costs shouldn’t mean cutting corners. That often leads to expensive surprises—and paying far more down the road than you can possibly save by skimping (or skipping) on coverage today.

Working With an Independent Agent Is a Smart Move

True pros like the ones we recommend through the Coverage Checkup take the time to walk you through your coverage options so you can make the decision that’s right for you.

Sadly, this basic level of service isn’t always part of the package. Many people don’t fully understand the details of their insurance policies at all. And if you’re confused about what’s covered and what’s not, that could really cost you.

Independent agents will keep both price and coverage in mind. And you can be confident knowing your independent agent doesn’t have a stake in the game when it comes to which provider or policy you choose. They don’t get paid extra for helping you choose a specific one—so at the end of the day, you’ve got all the facts and can make an independent choice.

The great news is, it’s possible to get more protection for less by going through an independent insurance agent—like Summer M. from the Ramsey Baby Steps Community on Facebook did.

“The Ramsey name is trusted,” Summer said. “And I’m so glad you vet the folks you have business relationships with because that trust goes a long, long way. I feel safe, secure and covered now. Keep up the good work, Ramsey team, vetting agencies so I can spend time on other life things without having to worry about home and auto insurance details.”

Start Saving Today

What would you do with extra money every month? Knock out a little more of your debt? Boost your retirement fund? Or get hustling on paying off your mortgage? The possibilities are endless! So what are you waiting for?