3. How much is your deductible? If your collision deductible is $500 and you have $600 of...

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3. How much is your deductible? If your collision deductible is $500 and you have $600 of damage, not reporting the claim might be appropriate. Remember, higher deductibles will reduce your insurance costs, but will also increase the amount you have to pay when a claim is filed. Be sure to set aside money for those situations.

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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