Raising Your Auto and House Deductibles Can Minimize Premiums 15-30%
Raising your deductible from $500 to $1,000 or greater cuts your annual premium, generally by 15-30%. If your emergency fund can take up the upper deductible, you’re self-insuring the hole and pocketing the financial savings yearly you don’t file a declare. Ask your insurer to cite two or three deductible ranges at renewal.
