You can also save money every month
by raising your deductible in Henrietta, New York.
Not exact matches
SAN FRANCISCO — May 28, 2015 —
Raising a homeowner's insurance
deductible from $ 500 to $ 2,000 lowers the average annual premium
by 16 % nationally and much more
in some states, according to a new insuranceQuotes.com report.
Raise Your
Deductible: If you have an emergency fund in place (even a small one), you can save a substantial amount of money on your auto insurance by raising your deductible from $ 500
Deductible: If you have an emergency fund
in place (even a small one), you can save a substantial amount of money on your auto insurance
by raising your
deductible from $ 500
deductible from $ 500 to $ 1000.
SAN FRANCISCO — May 28, 2015 —
Raising a homeowner's insurance
deductible from $ 500 to $ 2,000 lowers the average annual premium
by 16 % nationally and much more
in some states, according to a new insuranceQuotes.com report.
Vermont homeowners insurance costs, for example, may be lowered
by:
raising the
deductible (say, from $ 500 to $ 1,000), installing a monitored alarm system (for which most providers offer a discount), or lowering the coverage limits (i.e. the insurance company will pay for a maximum of $ 100,000
in damages rather than $ 150,000).
It's important to know your particular policy well, because
in the past decade, many insurers have begun to
raise deductibles on damage caused
by «named» storms such as Hurricane Irene.
By trying out different parameters (for instance, raising and lowering your deductibles), you can get a much better feel for practical solutions than you can by analyzing your Lake Havasu City insurance needs in the abstrac
By trying out different parameters (for instance,
raising and lowering your
deductibles), you can get a much better feel for practical solutions than you can
by analyzing your Lake Havasu City insurance needs in the abstrac
by analyzing your Lake Havasu City insurance needs
in the abstract.
If you
raise your
deductible on your homeowners» insurance
by $ 1,000, you only need to save about $ 120 a year
in your premiums
in order to create a net savings on average — and, likely, you'll save a lot more than that.
Saving money
by raising a
deductible assumes that you have the cash on hand to cover the
deductible in such a situation.
In the end, they would have to
raise rates to meet the higher demand brought upon
by lower
deductibles.