Raise the deductible on your car or home insurance and your premiums will plunge by as much as 40%. For instance, simply raising the deductible on your home insurance from $500 to $5,000 could cut the insurance bill for a three-bedroom Toronto home to $420 from $700. While you're at it, find out how much you could save by insuring both your car and your house with the same company. Most insurers offer a discount to people who give them all their business.
Tags:
Canadian Business
Increased Deductibles
Discount Insurers
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