The benefits of going paperless are many, the most important of those being, the money you can save by enrolling. The term going paperless simply refers to receiving your insurance documents, such as your insurance ID cards, your policy declarations and other documents via email instead of through the postal service.
The reason why this method of saves you money is simple, it eliminates the overhead cost associated with printing mailing documents through the postal service and therefore those savings are able to be transferred to you.
Most insurance companies offer a discount for electing to go paperless, usually saving you at least 5% on your insurance premium. Going “Paperless” is easy and your agent can enroll you anytime during your policy period. All you would need to get started is a valid email. You will in most cases have to answer a few questions in order for the insurance company to verify who you are but once this is done you will start receiving your policy documents via email immediately and your discount will typically be prorated depending on when you enrolled.
For a technology that you use everyday such as email, why not use it to your advantage. A phone call to your agent can save you not only time but at least 5% on your insurance policy.
Call your agent to see if “going paperless” is an option for you.
Don Westerfeld has been active in the field of Insurance and Financial Planning since 1997. Don grew up in Indiana later moving to Lakeland Florida where he continues to reside with his wife and children. When he’s not in the office you can find him enjoying the great outdoors. He has served on several charitable business and non-profit organizations and continues to provide guidance, advice and support to local charities.
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