| 1. A higher Deductible will guarantee a lower Saint | | | | outweigh any discounts you will get for buying |
| Paul Minnesota home insurance premium. | | | | multiple policies from the same insurer. You can |
| A deductible is an amount a policyholder is bound | | | | only know by getting quotes from various |
| to pay before his/her insurer becomes | | | | insurance companies for your policies and then |
| duty-bound to fulfill the terms of their policy. The | | | | comparing what you'll save by buying from |
| lowest deductible usually in home insurance is | | | | separate insurers with what you'll be given as |
| around $250. By increasing your deductible to | | | | multi-policy discounts. |
| $500 you'd likely realize savings of about 12 | | | | 3. The most vital step to huge savings in home |
| percent. | | | | insurance is comparison shopping -- That's if you |
| If you elect to make it $1000 you could easily get | | | | do it correctly (Obtaining and comparing quotes |
| discounts of up to twenty-four percent. Different | | | | from at least five sites). You can get quotes that |
| insurance companies may offer more or less so | | | | will have a range in excess of $1,000. You could |
| find out from your agent before you make this | | | | conveniently save that much by just going with |
| decision. | | | | the lowest quote. |
| 2. You can save much if you get several policies | | | | That should apply if you're just after the lowest |
| from the same company. Expect discounts | | | | price. However, if you're after the best value to |
| anywhere from 5 to 15 percent if you choose to | | | | price ratio then you'd have to look at the details |
| maintain more than one policy with the same | | | | of the lowest quotes. Different companies may |
| insurer. | | | | have different exclusions for similar policies. It's |
| However, this isn't recommended in every | | | | wise to ask the agent what's part of the deal and |
| situation because the total savings got by getting | | | | what's not. |
| policies from different companies may far | | | | |