Personal Finance

National Insurance Awareness Day 2023: Date, History, How to Observe

Insurance shopping is not as enjoyable as shopping for shoes or cars, but if you're always on the lookout for the best bargain, comparing rates could save you a lot of money

Similar to a spare tyre, insurance is one of those items we forget about until we need it. National Insurance Awareness Day is observed annually on June 28 for this reason. Although the origin of this day is unknown, the significance of insurance in many aspects of our lives is well-known. From auto insurance to life insurance to home insurance and beyond, these policies provide a layer of protection against the most devastating effects of unfortunate occurrences.

The background of National Insurance Awareness Day

Insurance shopping is not as enjoyable as shopping for shoes or cars, but if you’re always on the lookout for the best bargain, comparing rates could save you a lot of money – sometimes as much as 15 percent or more, according to reports. Knowing your options provides you with the most leverage and the greatest opportunity to save money.If a change in employment results in less transportation or if your teen leaves for college without a car, your insurance company may reevaluate your premiums. As for homeowner’s insurance, changes in marital status and home renovations can influence premiums.

Certain long-term promotions can help you save more money over time than discounts. If you don’t review your policy until it’s time to renew, you may lose out on additional savings.Chinese merchants commingled their products on ships to prevent catastrophic losses from shipwrecks.Following a devastating fire in London, Nicholas Barbon founded the first fire insurance company.Thank you, Franklin Health Assurance Company, for paving the way for covering medical costs.Mr. Loomis built his own vehicle, which was cool, and then purchased the first auto insurance policy, which was smart.

National Ice Cream Cake Day 2023: Date, History, Facts about National Ice Cream Cake Day

National Jim Day 2023: Date, History, Facts, Celebrations

Djibouti Independence Day 2023: Date, History, Facts, Activities

HOW TO Observe National Awareness of Insurance Day

Make contact.

Call your insurance agents to inquire about current promotions, services, lock-in rates, and premium changes.

Shop around for insurance

While attempting to sell you insurance, some self-assured insurance companies will disclose the rates of their competitors. This audacious action can save you time as you search for the best deal.

Take initiative to revise your prices

These achievable actions, such as taking an online defensive driving course, exercising a few times per week, and installing a home security system, can result in additional discounts on your various insurance policies.

NATIONAL INSURANCE AWARENESS DAY DATES

Year Date Day
2023 June 28 Wednesday
2024 June 28 Friday
2025 June 28 Saturday
2026 June 28 Sunday
2027 June 28 Monday
Arshiya Khan

Arshiya Khan is a Commerce graduate who loves to write on general and trending topics.

Recent Posts

Chapter 35 VA Benefits: Who Can Receive the Full $1,536 Monthly Payment?

The VA’s Chapter 35 Survivors’ and Dependents’ Educational Assistance program offers up to $1,536 monthly.…

4 hours ago

How Much Can You Earn and Still Get Medicaid in New York in 2025?

Medicaid eligibility in New York depends on household income and family size. In 2025, updated…

2 days ago

SSA change of address: How to update your information for uninterrupted Social Security payment

Changing your address with the Social Security Administration is important to keep receiving payments and…

2 days ago

Medicare Part B Premiums 2025: Income-Based Rates and Monthly Costs Explained

In 2025, Medicare Part B premiums will vary by income levels. Higher-income beneficiaries will pay…

3 days ago

Tariff rebate checks off the table: Here’s where the revenue is going instead

The government has ended tariff rebate checks, redirecting billions in collected revenue. Instead of direct…

3 days ago

US government begins drive to remove ineligible Medicaid enrollees: Who could lose coverage?

The US government has launched a campaign to remove ineligible Medicaid enrollees, sparking concerns about…

4 days ago