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I can understand this for e.g. cars. In case of minor damage the insurance isn't involved, leading to a significantly lower price with deductible. Are there ca
by someweirdperson 3y ago
I can understand this for e.g. cars. In case of minor damage the insurance isn't involved, leading to a significantly lower price with deductible.
Are there cases of minor damage to burning houses? If it burns it burns? The price with deductible would only be lower proportionally to the maximum possible damage.
- sokoloff 3y agoHomeowner insurance covers a lot more than fires (and a kitchen fire could easily be a partial fire, as some friends of mind discovered last year). Theft, hail damage, trees falling, pipes bursting, etc all are likely to be covered partial losses.