justmeoverhere
New member
My insurance went up about $1,500 - this is for home and auto combined. My new home premium will be $5,420 with a $2,500 deductible. I can lower the premium by $1,000 to $4,430 by raising my premium to $5,000.
I can afford to pay $5,000 or even $7,000 if something catastrophic were to happen to my home. I've had the house for 1 year and haven't had any unforeseen events take place.
Is it a no brainer to take the higher deductible or there something I'm not seeing here.
I can afford to pay $5,000 or even $7,000 if something catastrophic were to happen to my home. I've had the house for 1 year and haven't had any unforeseen events take place.
Is it a no brainer to take the higher deductible or there something I'm not seeing here.