Home Insurance Deductibles

Many people are amazed at how far their premium falls when increasing their home insurance deductible from $500 to $1,000. If you can afford to cover the first $1,000 of any covered loss, you'd be wise to see how much smaller your premium would be if you made that change to your policy. And since insurance is best applied toward covering the losses you can't afford otherwise, it makes sense to keep your own dollar and not send as much to the insurance company!