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Home Insurance Deductible: How Much Is Too Much?

Home insurance deductibles give you some freedom in selecting the amount you’ll pay on your insurance plan. Deductibles are what you’ll pay first before your insurance kicks in when you file a claim. For example, if your roof needs replacing and the procedure is covered by your homeowners policy, you’ll pay your deductible first and the insurance carrier can cover the rest of the costs. What’s important to know is that your deductible is often a flexible component of your plan.

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