On Fri, 2 Dec 2016 14:01:58 -0500, FrozenNorth
wrote:

On 2016-12-02 1:20 PM, wrote:
On Fri, 2 Dec 2016 12:54:44 -0500, Ed Pawlowski wrote:

On 12/1/2016 10:10 PM, Diesel wrote:

Anyhow, is this $500 deductable standard? I can see a deductable,
maybe $100 or $200 to protect from many minor claims, but not
$500. What do you pay? If less than me, I may be changing
policies.

Most of the people I know irl have deductibles between $500 to $1000
like myself. I'd say it's common practice. A few people have much
higher deductibles, but, they pay next to nothing on their premiums.
None of us contact our insurance companies for small things. As, we'd
rather just pay out of pocket unless the damage well exceeds our
deductible.


I have $1000 deductible. In 52 years of home ownership I have never
made a claim. I see no reason to pay a higher premium to get a lower
deductible. I'm well ahead.

f you cannot cover the deducible you probably should not own a house.

That is probably true. Most unexpected losses are not covered by
insurance anyway. Bad appliances, bad roofs etc.

We have a $2K deductible, never a claim. The only time I dad damage to
my house was about four years ago, a piece of ice fell of a plane going
overhead. Fixed it with a trip to Lowe's and to minutes time, why claim it.

Same here I have had homeowners insurance for 54 years and on 2 homes
for a number of them, no claims. When Charley came through I had some
damage and if I had called someone it might have justified a claim but
we took care of it ourselves pretty cheap.