Sentences with phrase «carry high deductibles»

It's important to note that claims resulting in general damages for pain and suffering also carry high deductibles that can vary depending on when your accident happened.

Your homeowners policy often carry high deductibles, while certain instrument insurance policies offer no - deductible options.

That's because plans increasingly carry high deductibles, which require patients to pay for their drug costs themselves until they hit a certain limit, as well as to pay a percentage of the list price even after their deductible is met.

When you've paid off your car, you can lower your auto insurance premiums if you drop collision or comprehensive, or you can always consider carrying a higher deductible to lower your premium.

If you carry a high deductible on your home insurance policy, you may not want to place a claim for any personal property that is damaged while in the RV.

The answer is: sometimes, yes; and sometimes, no... While it is true that carrying a higher deductible on your insurance policy can sometimes save you money; it is not always the best policy.

The insurance carriers figured out that if you carried a higher deductible (which went toward claims that the carrier paid), they could afford to reduce your premiums, based on less out of pocket expenses for them and the increased value of the money (interest) they could earn by not paying it out.

Historically, the equation was simple, carry a high deductible and the insurance company would lower your premiums.

One way you can lower the overall cost of buying collision coverage is by carrying the highest deductible that fits your budget.

Therefore, although a premium cost may be lower than others, it may also carry a higher deductible.

If you're looking to save money on your insurance policy, you may want to consider carrying a higher deductible in exchange for lower premium costs.

Evaluating deductible amounts is also very important before you purchase car insurance because you don't want purchase a plan that carries a higher deductible than you can afford.

Not exact matches

What's more, you need to carry a high - deductible insurance plan in order to use them.

An HSA is similar to an FSA, except that it is for people with a high - deductible health plan and the money you contribute carries over from year to year.

«Our new plan carried a 30 percent premium increase, higher deductibles and higher out - of - pocket co-pays,» Stefanik said in the address.

A Health Savings Account (HSA) is a tax - free way to save and pay for medical expenses — especially if you carry a high - deductible health insurance plan — by placing pre-tax funds into your HSA.

Comprehensive insurance carries a deductible and having a higher deductible — the amount you pay out of pocket if there's a problem — means having lower monthly payments.

Minimum coverage limits and your deductibles — you may be required to carry higher limits than state minimum coverage

To qualify, you must be under age 65 and carry a high - deductible health insurance plan.

Be careful though, low deductible insurance policies often carry a higher premium (which is why it is important to shop around for insurance quotes and to chose a policy that is affordable to you).

But here is something else to consider — often times these health care plans carry very high deductibles (especially if your employer is cheap and cuts costs at every corner).

However, you need to be sure that you can afford to pay the deductible, and that it is not set at such a high level that you have eliminated much of the benefit of carrying the insurance in the first place.

Another way to achieve low cost renters insurance is to carry a slightly higher deductible on your policy.

Higher deductibles mean that more of the loss of value is carried by the policy holder and less by the insurance company.

Deductible amounts are important because you don't want to register for a plan that carries a deductible price higher than you cDeductible amounts are important because you don't want to register for a plan that carries a deductible price higher than you cdeductible price higher than you can afford.

Younger or accident prone drivers should probably carry more coverage (that is, lower deductible) since there is a higher chance that you will make an accident claim.