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re: State Farm hurricane deductible jumps to 5%
Posted on 7/9/14 at 9:28 am to Mr.Perfect
Posted on 7/9/14 at 9:28 am to Mr.Perfect
A couple of thoughts. That hurricane deductible is a loss that can be claimed under your taxes. I have no problem with the 5% deductible, what I have a problem with is the deductible change without decrease in premiums. As an insured, we should have have to carry a larger portion of risk for the same premium...
3
Posted on 7/9/14 at 9:34 am to wickowick
I agree. If State Farms exposure is now less, the premium should drop.
Posted on 7/9/14 at 9:36 am to wickowick
quote:
That hurricane deductible is a loss that can be claimed under your taxes. I have no problem with the 5% deductible
Good to know...... Ill have to look into this.
Posted on 7/9/14 at 9:44 am to wickowick
That's a good point. I seem to remember that they jacked-up their premiums last year...
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