How Your Homeowner's Insurance Deductible Affects The Price You Pay
There are so many ways to reduce the premiums you pay for homeowner's insurance, but a common method is by increasing the deductible on your policy. The deductible is the amount you must pay if you file a claim, and here are several important things to know and understand about this.
Higher Deductibles Equal Lower Premiums
Have you ever wondered why raising your deductible would result in lower premiums on your home insurance?