A higher reimbursement rate
means higher monthly premiums.
For instance, deductibles can range from 0 to $ 1,000 (a higher deductible means a lower monthly premium, but more out - of - pocket each time your pet begins a new treatment, and a lower deductible
means a higher monthly premium), and certain policies will allow a limited amount per visit or incident, which means you would be responsible for anything over that allowed amount.
A longer term could
mean a higher monthly premium, because the carrier typically averages the cost of insuring someone who is younger with the cost of insuring someone who is older (when premiums are more expensive).
A bad driving record
means high monthly premium rates until... Click here to read more
Not exact matches
A
higher deductible will
mean you're on the hook for more of the initial cost when damage does occur, but it should lower your
monthly premiums.
A low deductible (the amount you pay out of pocket when filing an insurance claim) usually
means a
higher premium or
monthly payment.
Are you okay with having to pay a little more out of pocket when something goes wrong (AKA a
higher deductible) if it
means your
monthly payment, or
premium, is lower?
Don't assume this is the case, though — most of the time, they can be added onto a policy as a «rider,» which
means that you will pay a
higher monthly premium.
The truth is having cirrhosis
means you will pay a
higher monthly premium with every single insurance company.
Though HDHPs have lower
monthly premiums, the
higher deductibles
mean you'll pay more out of pocket when you need care — up to a maximum of $ 6,650 per individual or $ 13,300 per family each year.
As stated, this
means they will charge you a
higher monthly premium.
That
means we can help them get a policy that pays its full death benefit from day one, and they will pay a
monthly premium that is no
higher than what a marathon runner would pay.
Higher deductibles
mean lower
monthly premiums.
In many cases, a
higher deductible could
mean a lower
monthly premium, but would also
mean paying more out - of - pocket in the event of a loss.
This access to care
means that there is a
higher likelihood that these individuals will live longer, healthier lives, which translates into lower
monthly premium costs.
This usually
means that there will be a
higher price to the policy but there are so many policies that offer $ 10,000 or more and have low
monthly premiums.
Oftentimes, a
higher deductible
means you'll pay a lower
premium and thus lower
monthly payments.
A
high deductible
means you will have to pay more out of your pocket in the event of an accident but less on your
monthly premium.
While a
higher deductible
means that you will pay more out - of - pocket in the case of an accident or repair needs, the lower
monthly premium may be a much larger saving.
This might
mean paying slightly
higher monthly premiums, so you'll want to evaluate the deductible in light of your vehicles, your current financial situation, and how you forecast your financial situation will be in the future.