Free Insurance Quote: A Higher Deductible Will Guarantee Lower Quotes
December 12th, 2009
When applying, opt for a high deductible since it helps you obtain a more affordable free insurance quote. If you have already bought a home insurance policy that gives you adequate coverage, increase your deductible.
Your deductible is the amount you’ll have to contribute if you make a claim before your insurer would be duty-bound to fulfill the terms of your home insurance policy.
You can slash off as much as 25% from your home insurance premium if you raise your deductible from $500 to $1000. Opting for a higher deductible will bring down your home insurance premiums — Always. Just make sure it’s an amount that you can produce with relative ease if you file a claim.
It makes sense to make it as high as possible as long as you can afford it conveniently.
Entry Filed under: Miscellaneous