High Deductible/Savings Account for Property & Casualty?

[runawaykinms]

I know the high deductible/HSA is standard in individual health insurance, but is there anything like this out there for P&C?

I had someone ask me about it today and my first thought was no, but wondered if maybe there was a company out there that may offer such a plan.

In case it helps: The individual who asked the question owns several rental properties and has insurance on each which he said is very expensive. When something goes wrong(Which is very rare), he just fixes it out of pocket anyway.

 

[Guest]

ya, its called a savings account.....

 

[iiinycboi]

pretty much what RBA said, self insurance is just a savings account

 

[HealthGuy]

Some clients really have an imagination! The questions they ask ! Duhhhhhh....

 

[russelltw]

My best question from a client - "will my accident plan at work cover me accidentally getting pregnant?"

 

[djs]

Since its rental property, the repairs are already tax deductible.
Select a high deductible and voila, its done.

Dan