In some states and provinces, people are choosing to live without insurance because the cost of insurance on an ongoing basis is prohibitive, compared to the chance of dealing with high costs when there is a break-in or an accident.

Here are some ways to save money on your life insurance:

Buy the smallest amount of permanent insurance you possibly can and create staggered term insurance for the rest of it.

Shop around to find the lowest price.

Get guaranteed renewable term insurance which is more expensive upfront but as you get older, the insurance company must renew your policy regardless of your health. If you remain healthy for the rest of your life, as you hope you would, this may not pay for itself. But if you do get sick this will be a valuable feature to having your insurance.

Stop smoking. Insurance companies offer great premiums to people who have not smoke within 12 months.

Here are some ways to save money on your car insurance

Shop around to find the lowest price. Sites on the web like progressive.com post their prices.

Raise your deductible.

Some insurance companies will give you a discount for good driving that you have to ask for it.

Some insurance companies will give you a discount for having an immobilizer installed. Ask them if they have such a discount available.

Here are some ways to save money on your house insurance:

Raise your deductible.

Instead of getting mortgage-covering life insurance through your bank as part of your mortgage, get life insurance separately through your insurance broker to cover mortgage payments. The payments will be much cheaper.

See if your insurance company offers a discount for any kind of alarm system. The amount of money you spend on an alarm could be cheaper than the amount of money you'll save in insurance, and the hassle will be a lot less when you keep someone away.

Some insurance companies may offer you a discount if you buy more than one insurance product from them, such as house insurance and car insurance. Be sure to ask them when you're hunting around for an insurance provider. These are simple ideas on ways to save money for the various insurance products you need to have in your life.