Insurance Deductibles: What the Evidence Shows
Most households pay far more to lower their insurance deductible than the extra cover is worth. When that is a mistake, and when it is not.
-
-
Your Home Insurance Almost Certainly Does Not Cover Flooding
Most homeowners policies exclude flood entirely — and 29% of US flood claims came from outside the designated high-risk zones, where nobody is told they need it. The gaps that show up at claim time, and the two-hour job that fixes most of them.
