Most of us would like to save money on our automobile insurance. Reducing your Liability coverage is usually a risky approach. When you need protection for an accident in which you are at fault, you may need a large amount of coverage.
However, a higher deductible for your Collision or Comprehensive coverage is one way of reducing the cost of your car insurance without increasing your exposure to high liability claims.
If you want to reduce the cost of your Homeowner’s policy, an increased deductible is a good option to consider. Ask your agent to provide a comparison of various deductible on your policy. You may find that you are comfortable in taking on more of the risk of loss in order to save money each year.
If you have a Renter’s policy, and want to reduce the cost, you should look at increasing the deductible as an option. Ask your agent to provide a comparison of various deductible on your policy. You may find that you are comfortable in taking on more of the risk of loss in order to save money each year.
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Phone: (401) 421-0100 Fax: (401) 421-2376
Email: service@burnscotter.com