Deductible Traps to Avoid

Deductible traps to avoid. When you purchase your house and homeowner’s insurance you may have opted for a 5% deductible, but as home value skyrocketed, that deductible has ballooned as well. Are you prepared to pay for it? If not, you may need to get a lower deductible. For instance, if your home was worth $500,000 and is now worth $600,000, that’s an increase of $5,000. That’s a lot of money. Check your finances or consult with your insurance agent. Like and follow for more.

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