Usually, you can decide how much of a deductible you have. The lower your monthly payments will be, the higher your deductible.
Your monthly payments go up when your deductible is lower.
There are a number of ways to save money on insurance by using your deductible.
For instance, you could raise your deductible dollar add up to bring down the expense of your home or auto strategy.
There are policies with no deductible at all. However, you might have to ask for a waiver or pay a fee that does not have a deductible.
Always ask how much the policy costs without or with the waiver if you find a plan with no deductible.
