Saturday, February 15, 2014

February 14 - Online Discussion Question 1

Explain how having an emergency fund in place can affect your insurance premiums and deductibles.

11 comments:

  1. If you have a fully funded emergency fund then you can raise your deductible, and by raising your deductible, you will lower your premiums.

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  2. If you have a fully funded emergency fund, you'll have the ability to easily pay a higher deductible and when you have a higher deductible, you can usually have a lower premium on your insurance.

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  3. If you have a fully funded emergency fund then you can have a higher deductible, which means that you most likely will have a lower premium on your insurance.

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  4. If you have an emergency fund, you can raise the deductible. When you have a higher deductible, you can lower the premium.

    Autumn

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  5. with an emergency fund you are able to have a higher deductible which will lower the premium

    travis

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  6. With a fully funded emergency fund you can have a higher deductible, with a higher deductible, you get a lower premium.

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  7. With this emergency fund you can pay more of a deductible so your premiums are lower. This is what a emergency fund is for anyway.
    Adam

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  8. If you have a fully funded emergency fund, you can raise your deductible, and by raising your deductible, you will be lowering your premiums.

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  9. With a fully funded emergency fund you can raise the deductible and have lower premiums.

    eyezik

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  10. Having a higher emergency fund+Raising your deductible=Lower premiums

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  11. having an emergency fund enables you to raise your deductible, lowering your rates.

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