Do I want a low or high deductible?

Typically higher deductibles provide better value for consumers because they lead to lower premiums. The insurance companies understand those who chose a lower deductible are statistically more likely to file claims, therefor they charge higher rates. Also consider the more claims you file, the higher your rates will be over time. Therefore those who chose a higher deductible typically have lower insurance costs over a long period of time.

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