December 18, 2013
When selecting the deductible on your insurance policies, what should you consider?
When selecting the deductible on your insurance policies, what should you consider?
A higher deductible means lower premiums. You should only have insurance for major life catastrophes; your emergency savings account should be used for the small things that happen in life (including the deductible when something big does happen).
You said it all, Katherine. Well done.