What Is The Normal Deductible For Home Insurance?

  1. 90 POINTS
    John Sanders
    Insurance Agent, North Carolina Farm Bureau, Charlotte, NC
    Many companies now are requiring a $1,000 deductible on homeowners insurance policies but some people are choosing deductibles around $2,500.  Homeowners insurance is meant to be catstrophic type coverage where you only file a claim when you have a substantial lose such as wind/hail damage to a roof, fire, etc.  Keep in mind that a higher deductible equals lower annual premiums!
    Answered on July 19, 2013
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>