Report: R.I. residents could save 14% on homeowner’s insurance by raising deductible to $1,000

RHODE ISLAND residents could save 14 percent on their homeowner's insurance - the second highest savings in the nation - if they raise their deductible to $1,000 from $500, according to a new insurancequotes.com report. / COURTESY INSURANCEQUOTES.COM
RHODE ISLAND residents could save 14 percent on their homeowner's insurance - the second highest savings in the nation - if they raise their deductible to $1,000 from $500, according to a new insurancequotes.com report. / COURTESY INSURANCEQUOTES.COM
PROVIDENCE – Rhode Island residents could save 14 percent on homeowner’s insurance by raising their deductible from $500 to $1,000, according to a new insuranceQuotes.com report. That represents the second-highest savings in the nation, according to the website, behind only North Carolina at 25 percent. Massachusetts residents would save 13 percent, representing the third-most savings,…

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