Did you know that your insurance company may charge you a significantly higher premium when you carry a small deductible? You may be paying twenty four percent more each year by having a two hundred and fifty dollar deductible, and you may be paying as much as forty seven percent more if you have a one hundred dollar deductible. Smaller deductibles only encourage insurance buyers to turn in claims.
Do you know what happens when you turn in too many claims? Say goodbye to cheap car insurance rates for three to five years. If you use your car, home, or business insurance policy like an HMO, very soon you’ll be paying premiums so high you’ll wish you could trade your car in for a shiny new bicycle.
Tip – Raise your deductibles to five hundred or a thousand dollars or higher.
Additional tips and strategies can be found on our blog that show the hidden cost and extra profits to the insurance companies bottom line when policyholders choose small deductibles.
Why Make Fat Cat Insurance Executives Rich By Overpaying On Your Insurance When You Have A Small Deductible?
Click here if you want to save hundreds, and possibly thousands of dollars from insurance companies who are willing to give you the lowest car insurance price you can find when you choose a deductible higher than two hundred and fifty.