From the WSJ…
Meanwhile, there’s always the option of switching to higher deductible—increasing a homeowners deductible to $1,000 from $500, for instance, can save 25% on annual premiums, says Ms. Worters.
That would amount to annual savings of $244.50 based on the national average premium of $978 in 2011, the latest year the statistic is available from the insurance institute
