05-16-2007, 02:17 AM
[quote davester]One thing to be aware of is that there are significant issues involved in making a claim (i.e. huge rate increases and cancellation). For that reason it is crazy to have a low deductible because you should only use the insurance for truly catastrophic and expensive events. Personally, I would get the highest possible deductible and suggest that you find out whether you can raise your deductible above $1,000. That still seems far too low to me.
davester is right on here. In post-911 America, many insurance companies drop you after 2 claims, so there's no sense claiming anything short of a fire or the roof blowing off.
My premium and my amounts on the 2-flat I live in are remarkably similar to yours, davemachine.
(let history record that I agreed unequivically with davester on something)
davester is right on here. In post-911 America, many insurance companies drop you after 2 claims, so there's no sense claiming anything short of a fire or the roof blowing off.
My premium and my amounts on the 2-flat I live in are remarkably similar to yours, davemachine.
(let history record that I agreed unequivically with davester on something)