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Finding the right deductible can help you fit this coverage into your budget.
Selecting the right one keeps your share of the costs affordable and can even lower your tax bill.
Here are four strategies to help you pick a homeowners insurance deductible amount.
In that case, you might want a lower deductible than someone less likely to have claims.
But having thousands in savings could make a higher deductible affordable.
A higher deductible should lower your homeowners insurance rate, and a lower deductible likely will increase your rate.
Consider requesting quotes from homeowners insurance companies and exploring their rates based on different deductible options.
At the same time, check for discounts that could make even a low-deductible policy more affordable.
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