While it may seem a little strange, sometimes buying more insurance coverage can save money. Many insurers give “price breaks” or “milestone discounts” for round number coverage amounts. For example, if you need $210,000 in coverage, it might actually be less expensive to get a policy for $250,000 which is a price break. The same is true if you need $450,000 and instead opt for $500,000. It’s always worthwhile asking what the cost for insurance is at the next level milestone discount as this may give you more coverage for less money.