Sentences with phrase «to raise one's deductible»

You could save as little as $ 25 to $ 50 annually on your premiums by raising the deductible from $ 250 to $ 500 on your comprehensive coverage.

The higher your deductible, the more money you can save on your premium, so consider raising your deductible from the minimum amount required.

And if you have enough savings on - hand to cover expenses for filing a claim, then consider raising the deductibles on your policies as this will lower the annual premiums.

By raising your deductible on your home or auto insurance, your existing premiums will drop and you can use that extra money towards individual life insurance.

For example, if raising your deductible from $ 500 to $ 1,000 would save you $ 500 a year, then you'd make up the cost of the deductible in one year.

Nice list, I especially agree with raising your deductible for your insurance.

Your idea of raising the deductible as your account grows then increasing contributions to that account as you save more money is an excellent idea.

If you are thinking of raising your deductible or temporarily cancelling some optional insurance in order to save some money on your monthly premium, you could be making a bad decision.

Finally, if your teen seems to be a responsible driver, you can also lower your premium rates by raising your deductible amounts accordingly.

If you're paying more for coverage than you'd like, try raising your deductible to get a lower rate.

The higher your deductible is, the less your provider pays out for each individual claim, so raising your deductible allows your insurance company to reduce your premiums.

Consider raising your deductible in order to reduce your monthly or yearly payment for your insurance.

You can also raise your deductible in order to keep your monthly premium down.

If you do raise your deductible realize you are taking more of the risk.

Don't raise your deductible higher than you could comfortably manage to pay if such a loss occurs.

Even if you decide to keep such policies, you may get by with raising your deductible, thereby lowering your monthly premium.

Don't raise your deductible just because you want a lower payment.

To reduce your total cost, you could simply raise your deductibles, say, from $ 500 to $ 1,000.

However, there's a caveat: Before raising your deductible, you should consider how much out - of - pocket money you can afford if you need to file a claim.

In reality, raising your deductible means that the company makes about fifteen cents less per month on your policy.

While raising your deductible may lower your premium, for instance, adding another vehicle or another coverage like towing and roadside assistance might cause it to rise.

Finally, explore how raising your deductible might impact your used car insurance.

In this list, we will cover a few key areas that will help you figure out if raising the deductible makes sense for you so you don't make a costly mistake.

To decide whether raising your deductible might be a smart move, you first need to understand how auto insurance deductibles work.

So if you have adequate savings and a low car insurance deductible then you should really look into raising your deductible.

If you can afford to pay more upfront if something happens to your home, then raising your deductible can save you a considerable amount of money on your monthly premiums.

However, it's not that simple to recommend that drivers raise their deductible levels to lower their monthly payments.

However, it's not that simple to recommend that drivers raise their deductible levels to lower their monthly payments.

For instance, once we have a healthy sum put away, we might be comfortable raising the deductibles on our insurance and we could avoid a host of financial account fees.

If all of those customers raised their deductibles by one dollar to $ 3,000, you'd (theoretically) save yourself from 35 percent of your claims every year.

However, never raise your deductible unless you're confident that you could cover it in the event of an urgent claim — like a trip to the emergency room or a car crash.

Some people raise the deductible to get a cheaper tenant policy.

For instance, it may be worth raising the deductible on your car or home insurance to reduce your monthly payments.

You're looking to reduce the cost of home insurance, condo insurance or save money on car insurance — so how much will raising the deductible lower your insurance costs?

We looked at renting space, job sharing, even raising the deductible on health insurance.

However, raising your deductible leaves you on the hook for paying out of pocket for small repairs and other losses.

In fact, 68 % of condo owners did not ask if their condo corporation had ever raised the deductible on their insurance.

And if you can swing raising your deductible to $ 2,500, you can save as much as 25 percent, depending on which state you live in and your circumstances.

While you don't want to raise your deductible beyond an amount you could afford to pay if you needed to fix your car, raising it a little can go a long way.

Also keep in mind that factors such as your age and driving record will affect how much raising your deductible will actually save you.

Another option might be raising your deductible during the winter months, which would likely lower your premium.

Doesn't raising the deductible through the roof defeat the purpose?

Saving money by raising a deductible assumes that you have the cash on hand to cover the deductible in such a situation.

Most people never expect to have to make a claim, so raising the deductible sky - high in exchange for a much lower rate seems like a great idea.

If it's determined you still need these additional coverages but are still looking to lower your premium, consider if raising your deductible is an option.

Say you're saving $ 50 per year on premiums for raising your deductible from $ 250 to $ 500, but then you have to make a claim.

You might wish to also consider raising your deductible.

It seems to me that the implication here is that you should raise your deductible as high as you can stand.