{"id":750,"date":"2021-04-29T07:18:00","date_gmt":"2021-04-29T13:18:00","guid":{"rendered":"https:\/\/shieldagency.com\/?p=750"},"modified":"2023-08-24T14:07:41","modified_gmt":"2023-08-24T20:07:41","slug":"careful-when-choosing-your-deductible","status":"publish","type":"post","link":"https:\/\/www.shieldagency.com\/blog\/careful-when-choosing-your-deductible\/","title":{"rendered":"Careful when choosing your deductible"},"content":{"rendered":"\n

Choosing Your Deductible | Shield Insurance Agency Blog<\/a> | Start A Quote Today!<\/a><\/p>\n\n\n\n

Careful when choosing your deductible<\/h2>\n\n\n\n

A high deductible is often a great way to keep your insurance premiums down.  However, you shouldn\u2019t set a deductible that is so high that you cannot afford to pay the deductible when you have a claim.  I\u2019ve seen people change their collision deductible from a $500 deductible to a $1,000 deductible because money was tight and this allowed them to save about $10 per month on the premium.<\/p>\n\n\n\n

Wouldn\u2019t you know it, but not even 2 months later they ended up in an At-Fault accident.  Money was tight so they didn\u2019t have that $1,000 to get the vehicle repaired. It took forever to save up that $1,000 so they were down to one vehicle which made it tough getting back and forth to work.<\/p>\n\n\n\n

Please make sure you have something in savings for an emergency.  Whether it\u2019s a car accident or your furnace breaks down. Emergencies will happen, but if you\u2019re prepared, you can transform that emergency into an inconvenience.<\/p>\n\n\n\n

submitted by Joe <\/strong><\/p>\n\n\n\n

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