Sentences with phrase «damages by raising your deductibles»
If you agree to pay for a larger portion of your own damages by raising your deductibles, your car insurance company automatically knows they won't have to pay as much for your claims.
https://www.insurance.com/ Not exact matches
By reducing your liability coverage for personal injury and property damage while also raising your deductible, you could cut as much as 20 % off your car insurance premium.
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).
Unfortunately, by raising the deductible, your home insurance company will no longer pay for small claims, such as broken window repair, leaky pipe repair and minor wind and flood damage repairs.
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.