The key to keeping the cost of home and auto insurance down is to keep your deductibles as high as you can afford.

Question

Quizplus · Accepted Answer

By increasing your deductible, you are taking on more of the financial risk in the event of a claim. Insurance companies reward customers who take on more of that risk by offering lower premiums. Therefore, opting for higher deductibles can help you keep the cost of home and auto insurance down.

The Key to Keeping the Cost of Home and Auto