Choose a higher deductible if you intend to get the cheapest house insurance quote. If you’ve already purchased a home insurance policy that you are very happy with, increase your deductible.

Just remember that this is the amount the law demands that you contribute if you file a claim and that your insurance company won’t pay if you do not pay it.

You can shave off as much as 25% from your home insurance rate if you raise your deductible from $500 to $1000. The higher your deductible, the more affordable your home insurance premium. But before you choose the highest deductible there is, can you really produce it with relative ease if you ever make a claim?

Let it be as high as you can easily cope with.