How do I choose the right deductible for my insurance?

What factors should I consider when choosing a deductible for my insurance?

You should consider your financial situation, how much you can afford to pay out-of-pocket, and your risk tolerance.

Is a higher deductible always better?

Not necessarily. A higher deductible can lower your premium, but it also means more out-of-pocket costs if you need to file a claim.

How do I know what deductible amount is right for me?

Evaluate your savings, consider your health and driving habits, and think about how often you might need to use your insurance.

Can I change my deductible later?

Yes, you can usually change your deductible when you renew your policy, but it may affect your premium.