Sentences with phrase «whether higher deductibles»

Your insurance review should also consider whether higher deductibles would be worth the reduced premium costs.

If you want to know whether a higher deductible would save you money, they can quickly model that for you.

When Vacek realized he needed to make adjustments in medical insurance to contain costs, he presented the options to his employees and let them decide whether a higher deductible or a higher out - of - pocket per office visit was the best option.

Not exact matches

First, you want to study the subject and figure out ways you can save money, whether through higher deductibles or umbrella insurance.

The biggest choice for young people is to decide whether or not it makes sense to use a high - deductible plan with a health savings account or not, said CFP Eric Roberge.

If you're still working and your employer offers a high - deductible medical plan with a health savings account option, consider whether it makes sense for you.

Many are unsure whether to choose a low or high deductible on their car insurance policy.

If the five dollars a year is a deal breaker, think carefully about whether you can afford that higher deductible!

The fact is that in most cases, interest is deductible on mortgages whether the borrower has high or low credit scores.

The adjustments — sometimes called above - the - line deductions because you can claim them whether or not you itemize deductions — include (among other things) deductible contributions to Individual Retirement Accounts (IRAs), SIMPLE and Keogh plans, contributions to Health Savings Accounts (HSAs), job - related moving expenses, any penalty paid on early withdrawal of savings, the deduction for 50 percent of the self - employment tax paid by self - employed taxpayers, alimony payments, up to $ 2,500 of interest on higher education loans and certain qualifying college costs.

(i) Deductible options: Sole practitioners, provided they qualify, can choose whether they want to pay lower premiums and accept a higher deductible, or enjoy the benefits of a lower deductible but with a higher annuaDeductible options: Sole practitioners, provided they qualify, can choose whether they want to pay lower premiums and accept a higher deductible, or enjoy the benefits of a lower deductible but with a higher annuadeductible, or enjoy the benefits of a lower deductible but with a higher annuadeductible but with a higher annual premium.

For example, when selecting a higher or lower deductible on your homeowner's, health and auto insurance or when deciding whether or not to buy travel insurance for a vacation.

Learn about shopping for your next car insurance policy & whether having high or low deductibles is a good way to save on car insurance.

Remember, car accidents can happen at any time, so you must determine whether your current budget would allow for payment of a very high deductible.

That's the short answer, but unfortunately, if you are researching this topic, you may need a little more information than that, so let's dive into whether or not raising the deductible makes sense for you and how to use a higher deductible to save money.

You also need to think about your budget, and whether a plan that involves coinsurance or higher deductibles makes the most sense for you.

If your deductible is high, and your car value low, carefully consider whether comprehensive coverage would provide you any financial benefit — after all, your deductible might be more than the check your insurer would cut you.

But again, that now depends on whether the family deductible is higher or lower than the maximum out - of - pocket limit for individual coverage in that particular year.

Whether you decide to go with a $ 500, $ 1,000, or other amount for your deductible is up to you, but your agent can walk you through some specifics and show you the savings associated with the higher deductibles.

So whether or not this new rule changes anything about your family's coverage depends on how high your deductible is.

If you're concerned about increasing your premiums by adding endorsement after endorsement, ask whether you can save money by splitting your deductible, paying a higher amount for certain claims and a lower amount for others.

When you're in the market for homeowners insurance, you will probably spend a lot of time deciding whether to go for a policy with a lower monthly premium and high home insurance deductible, or a higher premium and a lower deductible.

To drive down your rates, opt for higher deductibles, take defensive driver courses, and see whether you might qualify for good driver, good student, or low mileage discounts.

Choosing a higher deductible often means lowering your premium, but you need to consider whether you'll be able to pay it out of pocket in the event of an incident.

To get your rates down even more, choose a higher deductible option, take a defensive drivers course, and see whether you can get a good driver or a good student discount.