What You Should Know Before Choosing a Deductible

There are two schools in choosing deductibles. High deductibles usually lower your prices in a significant way. Low deductibles usually raise your prices in a significant way. There are people who prefer one over the other: folks who want to insure just for a large catastrophe, and they take $5,000 and $10,000 deductibles on their homeowners’ insurance, and they save about half. And then there are folks who want the whole loss to be covered, even if it means a higher premium, and they take $100 and $250 deductibles and pay quite a bit more.

To learn more about how to choose the right deductible level for you, give us a call at 610-524-7860 / toll free: 800-221-9542 or visit us online at www.WhitfordInsurance.com today.