HomeownerQuote.com often recommends higher deductibles to save money. With no losses, these savings are, literally, money in the bank.
In addition to savings, higher deductibles force one to self-insure the smaller claims. By avoiding submitting claims, consumers preserve their “loss free” credits. By avoiding claims companies are less likely to non-renew, allowing consumers to stay in the voluntary, competitively priced home insurance market.