How Does A Home Insurance Deductible Work?

Ever wondered what a home insurance deductible actually means for your wallet? This video breaks down the ins and outs of deductibles, ensuring you're clear on how they impact your coverage and claims. In this explanation, you'll learn: ► What a deductible is and its role in your home insurance policy. ► The difference between various deductible types, like flat dollar vs. percentage. ► How choosing a higher or lower deductible affects your premium. ► What to consider when selecting the right deductible for your financial situation. ► The impact of your deductible on claims payouts and out-of-pocket costs. #HomeInsurance, #Deductibles, #InsuranceTips, #PersonalFinance, #PolicyPros