Cheap Homeowners Insurance — Make This High; Get Low Rates
August 19, 2009 3:31 am HomeChoose a high deductible amount and you’re sure to get a cheap homeowners insurance rate all other things being equal — That’s a fact. But remember that your deductible is the amount you’ll have to pay first before an insurer pays out a dime. In the case of homeowners insurance policies, your deductibles will usually begin at $250. You’ll easily make savings of about 12 percent on your rates if you raise your deductible from this base to $500. Increasing it further to $1000 could get a twenty-four percent markdown in rates. Talk with your agent to know how much is possible as all insurers don’t offer the same savings.
