On Sunday, December 4, 2016 at 9:38:36 PM UTC-5, Diesel wrote:
Ed Pawlowski Fri,
02 Dec 2016 17:54:44 GMT in alt.home.repair, 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.

I think? I wrote that, pretty much, above.

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

Agreed. Personally though, if the repair is going to cost me.. say,
$250 in parts and my own labor, I'm going for the $250 in parts and
my own labor. Why give my insurance company $500 (or more) just to do
what I can do myself, for half! of the cost? It seems, very stupid,
to me, to file a claim for something that will cost less than any of
the deductibles. It's not a matter of being unable to pay the $500 or
even $1000 deductible, it's a matter of not being stupid about it in
my case. I'm not so lazy and/or incompetent that I can't do the damn
job myself in most cases.



--
Make yourself sheep and the wolves will eat you.
Benjamin Franklin

And many companies, once you file a claim or two for those $500 things,
raise your rates.