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Updated over 7 years ago on . Most recent reply

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649
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52
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Steve S.
  • Dallas, TX
52
Votes |
649
Posts

Do you keep high or low deductibles on your rentals?

Steve S.
  • Dallas, TX
Posted

I've gone back and forth on this and am trying to decide which makes more sense.  Seems if something broke under $1,000, I may not want to claim it and i may benefit from pushing my deductible up for the things like roof, etc that doesn't happen very often, especially for homes I own that have new or relatively new roofs.

What are your thoughts?  How do you manage this for your rentals?

Most Popular Reply

User Stats

361
Posts
114
Votes
Robert P.
  • New Bedford, MA
114
Votes |
361
Posts
Robert P.
  • New Bedford, MA
Replied

My deductible is $2,500. I am not going to file a claim for anything less than that, so might as well save some money on my premium!

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