Does it make sense to increase your deductibles?
Why give the insurance company more money than you need to?
When you raise your deductible, you lower your insurance premium.
But is it worth it? It is all about the analysis.
If you increase your deductible by X, then your premium will go down by Y.
We created a calculator to help you calculate this. This is a nice way to visualize the difference between deductibles so that you can make an EDUCATED and not just emotional decision.
Here is the link to our calculator: https://www.ullrichinsurance.com/deductible-calculator/