A recent study conducted by a local company found that homeowners who signed up for discounted home plans would receive a better-than-average return on their investments.
Homeowners who signed-up for plans with a deductible of $2,500 or more received a return on investment of 15.4 percent.
The study found that the returns were higher for homeowners who used a higher deductible plan and who used it on a regular basis.
The study was published in the journal PLOS One.
A previous study by another local company, which analyzed the returns for similar homeowner plans, also found that people who used plans with deductibles ranging from $3,500 to $8,500 received better returns on their investment.
The studies authors noted that the higher-deductible plans are often more affordable than the cheaper plans.