insurance costs

Does Filing an Insurance Claim Increase Your Premium?

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One of the biggest fears people have about insurance is not the accident itself — it’s what happens after the claim. Many policyholders hesitate to file claims because they worry their premium will increase, even when the damage is clearly covered. So the real question becomes: Does filing an insurance claim actually increase your premium, … Read more

Insurance Premium vs Deductible: What’s the Real Difference?

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Insurance policies often use two terms that confuse almost everyone at first: premium and deductible. Many people know they are related to cost, but they are not always sure how they work together — or how choosing one affects the other. Misunderstanding the difference between premium and deductible is one of the most common reasons … Read more