When buying insurance, one of the most important choices you’ll make is your deductible—but many people don’t fully understand how it works.
🔍 What is a deductible?
It’s the amount you pay out of pocket before your insurance kicks in. For example, if you have a $1,000 deductible and $3,000 in damages, you pay $1,000 and your insurer covers the remaining $2,000.
💰 Higher deductible = lower premium
Choosing a higher deductible usually means lower monthly payments—but more out of pocket if you file a claim.
🔒 Lower deductible = higher premium
You’ll pay more each month, but less when something goes wrong.
So how do you choose?
✅ Pick a deductible you can afford to pay in an emergency
✅ Consider how often you file claims
✅ Balance long-term savings vs. short-term risk
At [Your Agency Name], we help clients find the sweet spot between savings and security. Not sure if your deductible is working for you? Let’s review it together.