Raising deductibles is the big push these days. I have $10,000 deductible.

The original idea of insurance was to help with a catastrophic loss.

The problem these days is so many folks filing small claims (couple thousand dollars). That is expensive for the insurance company to administer.
Raise the deductible as high as you can afford to cover.
And it really does make a difference in the annual premiums.

In response to this post by AZHokie59

Posted: 10/17/2019 at 1:22PM

Homeowners insurance rates -- Full-Set and Moonshine 10/17/2019 10:21AM

Daughter in Colorado had her washer run over causing damage both upstairs & -- AZHokie59 10/17/2019 12:22PM

Raising deductibles is the big push these days. I have $10,000 deductible. -- Stork 10/17/2019 1:22PM

Wow, mine is $2000 and I thought that was on the high end. I guess... -- cincyhokie 10/17/2019 2:57PM

This -- Beerman 10/17/2019 1:38PM

Why did the washer "run over"? They aren't supposed to do that. -- HokieSignGuy 10/17/2019 1:13PM

Clogged drain pipe would be why ** -- fordham 10/17/2019 2:28PM

Water wasn't shutting off when it was full. Bad switch. ** -- AZHokie59 10/17/2019 5:13PM

You know the point of Insurance is to not pay out, just collect premiums... ** -- UTPr0sim 10/17/2019 12:30PM

I'd tell her to move her washer out of the road if it's getting run over. ** -- Hokie360 10/17/2019 12:27PM

I'll be sure to tell her:) ** -- AZHokie59 10/17/2019 12:30PM

Ask her too, if her refrigerator's running. ** -- Stork 10/17/2019 3:06PM

Got to have Homeowners, separate flood ins, AND wind insurance. -- DonHo-kieHi 10/17/2019 11:50AM

HO rates vary tremendously depending on where you are located. Florida is -- 75Hokie 10/17/2019 11:38AM

No kidding. OURS NEARLY DOUBLED! -- thankbud 10/17/2019 11:33AM

That insurance society sounds great. Sadly, they don't service VA beach :-( ** -- ArdbegHokie 10/17/2019 11:57AM

There is this thing called risk, so move to montana, much less risk -- fordham 10/17/2019 11:19AM

Raise you up some dental floss, to cover the cost. ** -- thankbud 10/17/2019 11:37AM

And you have to worry about griz. ** -- EDGEMAN 10/17/2019 11:22AM

Carry big gun! ** -- fordham 10/17/2019 11:49AM

And frozen pipes. ** -- Stork 10/17/2019 11:29AM

How mad will you be when you find out the insurance company -- HokieSignGuy 10/17/2019 11:18AM

Insurance is for chumps. Pay off your house then roll the dice. ** -- Coach McGuirk 10/17/2019 10:56AM

Spend the money you’re saving on multiple timeshares. -- RoswellGAHokie 10/17/2019 11:03AM

Timeshares are often free or less. A colleague of mine bought timeshare in -- seekoHoG 10/17/2019 7:57PM

I live in a VERY small house here in the Keys. I bet I could rebuild it -- Coach McGuirk 10/17/2019 11:19AM

I had a grate visit last week. -- YardBird 10/17/2019 12:35PM

I have met a handful of people that came down in the winter and never went -- Coach McGuirk 10/17/2019 1:23PM

Is your house built 10-15 feet above ground level, to protect from surge? ** -- Hokie360 10/17/2019 12:06PM

I have a ground level house, but it's in an X zone. The only hurricane -- Coach McGuirk 10/17/2019 1:20PM

Coach’s house -- VT Pops 10/17/2019 11:28AM

My friends in the Keys bought a "fixer upper" when I was stationed there -- EDGEMAN 10/17/2019 11:21AM

And the HOA people think they have problems. :) ** -- thankbud 10/17/2019 11:39AM

Sounds like they were in "the historic district" in Key West. -- Coach McGuirk 10/17/2019 11:27AM

Actually they were up the Keys a few miles -- EDGEMAN 10/17/2019 11:29AM

Or, more places for the inured guest/new owner to entertain friends. ** -- 48zip 10/17/2019 11:14AM

Raise that Deductible! ** -- Stork 10/17/2019 10:53AM

The "pool " of money has been getting crushed by weather. $80/month -- 48zip 10/17/2019 10:52AM

Raising deductibles is the big push these days. I have $10,000 deductible.

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