Don't Pay the Full Deductible on your Multi Family Policy

[Matt Moylan]

If you could pay 3/10ths of something would you?

What if I told you there are ways in insurance to decrease a $100,000+ deductible down to $20,000 or $30,000 AND pay only slightly more premium?

How is this possible? Through a “Deductible Buy Down” policy.

The buy down policy pays the difference between a ridiculously high deductible which multiplies your savings. (Regular deductibles and hail deductibles are often the highest)

Here’s a cost example to show the potential savings:

Let’s say the total cost of the Deductible Buy Down policy is $20,000/yr with a $10,000 deductible.

Your normal insurance policy deductible is $110,000/occurrence.

$20,000 + $10,000 = $30,000

$110,000 - $30,000= $80,000 in savings!

What policies can a Deductible Buy Down policy collaborate with?

- commercial buildings

- apartment complexes

- senior living communities

- self-storage facilities

- rental portfolios

- distillery’s

- brewery’s

- ..... and more

If your broker/agent doesn’t know about these tremendous programs, I’d be happy help educate you further.  

Feel free to message me or comment with questions.