The best rated home insurance offers a fixed rate
deductible at a low amount.
Not exact matches
Lower deductibles will require you to pay more for premiums, but you can determine the
amount of
deductible at the time you purchase your policy.
While interest on a Parent Plus Loan may be
deductible, the deduction is capped
at an
amount lower than mortgage interest.
If your car is leased or financed, normally your contract will require your
deductible be set
at a certain
amount, typically $ 500 or
lower.
Lower deductibles will require you to pay more for premiums, but you can determine the
amount of
deductible at the time you purchase your policy.
While this may seem like a great way to set a
lower amount, you may end up paying a higher premium if you set the
deductible at too
low of an
amount.
If, for example, your
deductible is $ 1000 or higher, and the wedding ring was valued
at a
lower amount, filing the claim would be counter-productive because you would still be obligated to pay a majority of the cost out of pocket before the insurance policy paid the remainder.