If you can afford a $1000 or higher deductible, let your money work for you
Why Choosing a Higher Deductible Can Save You Money on Insurance
One of the most effective ways to lower your insurance premiums—whether for auto, home, or even health insurance—is by choosing a higher deductible. Your deductible is the amount you agree to pay out of pocket before your insurance coverage kicks in after a claim.
If you’re financially able to cover a larger expense in the event of a loss, opting for a higher deductible can significantly reduce your annual premium costs.
