If you believe you will never need to make a claim, you can take a chance by increasing your deductible.
Here, “risk” is the key word. Even though you have never claimed anything in your life, you never know when you will.
Recall that the deductible addresses the direct monetary effect you are able to by and by acknowledge whether you want to make a case.
If you have a history of filing excessive insurance claims, you may already be paying a significant premium.
Making more cases when it isn’t required will build your general protection costs. As a result, increasing your deductible in order to avoid filing fewer claims may pay off.
When your premiums are high, you should always try to negotiate with the insurance company to get a better deal.
You should think about raising your deductible if you can afford it and never file an insurance claim. If you don’t file a claim every year, the insurance company will pay you more money from the higher deductible plan.
