Choosing a Deductible That's Right for You Written by Shrum Insurance Services on Sep 5, 2017
Choosing a Deductible That's Right for You
One of the most common questions I get is â€œTravis what deductible should I choose for my home and auto insurance?â€.
I suggest starting at $500 and then looking at the next higher and lower options. Next, apply my â€œfinancial sense testâ€ in the example below.
(good deductible change example)
My Homeowners Insurance premium is $1500 per year with $500 deductible. If I increase my ...