Find each deductible in the proposal.
Home, vehicle damage, farm property, and business property proposals can have different deductible provisions. Ask Todd to identify the amounts or formulas that apply. A premium comparison is incomplete if the proposals leave you responsible for different amounts after a loss.
Use examples that fit your concern.
Pick a scenario such as covered vehicle damage or a covered building loss and ask how the deductible would be applied. The answer depends on the policy wording, the coverage, and the facts. This page does not calculate an individual claim payment.
Ask three questions before choosing.
Consider the amount you could manage as well as the premium. A different deductible does not guarantee a particular savings amount.
- Which losses use this deductible, and are there separate provisions?
- Is the amount fixed, a percentage, or calculated another way?
- What changed between these two proposals besides the premium?
Questions before you start.
Does one deductible apply to everything I insure?
Not necessarily. Ask for the applicable deductible for each coverage and any special provisions. Confirm the actual policy instead of relying on a general label.
Useful resources.
Independent resources provide additional context; they do not imply a government endorsement of Luedtke Insurance.
General information only. Coverage, eligibility, limits, exclusions, and availability depend on the insurer and actual policy. This page does not bind, change, or cancel insurance. Confirm your specific needs with Todd and your insurer.