The prince misses the palace.
Prince Harry, 39, is reportedly “homesick” as he looks for a new place to live across the pond.
Kinsey Schofield, host of the “To Di For Daily” podcast, told Fox News Digital in an interview published Tuesday.
That as the Duke of Sussex is reportedly eyeing properties in the UK, “I hear that Harry is both content with his new lifestyle and homesick.”
Harry currently lives in Montecito, Calif., with his wife, Meghan Markle, 42, and their kids — Prince Archie, 5, and Princess Lilibet, 3.
“It just depends on the day. I’m sure Harry could get homesick, and we know that he is prone to wearing his heart on his sleeve,” Schofield claimed.
“Meghan has likely permitted him to try to establish an additional residence in the UK if that will make him happy, but I doubt she has any desire to participate in the process or visit.”
Schofield alleged, however, that Harry “won’t make any drastic or financial moves until he settles his security issues.”
King Charles’ former butler, Grant Harrold, recently told The Post that Harry had reportedly been eyeing properties in his home country.
“It’s something that he’s wanted and been thinking about. Now he’s probably made the decision that’s what he wants,” Harrold said.
“Not having a home in the UK was probably a joint decision initially, but as time goes on, people’s views and decisions can change.”
Harrold added, “You’ve only got one family, and this means he’s suddenly realized that.”
Earlier this year, Harry renounced his British residency and claimed America as his home in new paperwork, in which he declared that his “new country/state” was the “United States.”
The move was backdated to June 29, 2023 — the same day he and the “Suits” alum, 42, officially vacated Frogmore Cottage, which left them with no UK residence in their names.
“She feels rejected by the UK and that does not sit well with her,” Schofield said. “I don’t even think she has any desire to win them over again. Meghan is totally focused on winning over the elite in Hollywood. With jam. And dog treats,” she said, referring to Markle’s new line of products for her lifestyle label, American Riviera Orchard.
This news comes as Kate Middleton made a return to the spotlight amid her battle with cancer at the Trooping the Colour festivities over the weekend.
Since King Charles is also battling cancer, Schofield said, “I don’t think the family cares if [Harry] buys property in the UK. I think they are consumed with healing and loving one another right now.”
The Post has reached out to the Sussexes for comment.
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Source: Tampa Bay Times
Understanding Deductibles in Insurance
What is a Deductible?
A deductible is the amount of money a policyholder must pay out-of-pocket before an insurance company begins to cover the remaining costs. Deductibles are a fundamental component of most insurance policies, including health, auto, home, and business insurance.
How Do Deductibles Work?
When you file a claim, you are responsible for paying the deductible amount. Only after this amount is paid will the insurance company pay for the covered expenses exceeding the deductible. For example, if you have a $1,000 deductible on your car insurance and incur $3,000 in damages from an accident, you would pay the first $1,000, and the insurance company would cover the remaining $2,000.
Types of Deductibles
- Fixed Dollar Deductible: This is a specific amount you must pay each time you file a claim. It’s common in health and auto insurance policies.
- Percentage Deductible: In some cases, particularly with homeowners insurance, the deductible might be a percentage of the insured value. For instance, if your home is insured for $200,000 and you have a 2% deductible, your out-of-pocket cost would be $4,000 before insurance covers the rest.
- Per-Claim vs. Annual Deductible:
- Per-Claim Deductible: You pay the deductible every time you file a claim.
- Annual Deductible: Common in health insurance, this deductible resets each year. You pay out-of-pocket until your total expenses reach the deductible amount for the year.
Why Do Deductibles Exist?
- Cost Control: Deductibles help keep insurance premiums more affordable. Higher deductibles typically result in lower premiums because the policyholder assumes more initial risk.
- Reduced Claims Frequency: Deductibles discourage policyholders from filing small or frivolous claims, reducing the number of claims an insurer must process and pay out.
- Shared Responsibility: Deductibles ensure that policyholders share in the financial responsibility of their care or damages, promoting cautious behavior and maintenance of insured assets.
Choosing the Right Deductible
When selecting an insurance policy, choosing the right deductible is crucial. Here are some considerations:
- Financial Ability: Assess your ability to pay the deductible in case of a claim. A higher deductible can lower your premium but may be challenging to pay if an incident occurs.
- Risk Tolerance: Determine how much risk you are comfortable assuming. If you prefer lower out-of-pocket costs during an emergency, a lower deductible might be preferable, albeit with a higher premium.
- Frequency of Claims: Consider how often you might need to file a claim. If you anticipate frequent claims, a lower deductible might be more cost-effective over time.
Impact on Premiums
The relationship between deductibles and premiums is inverse. Generally, the higher the deductible, the lower the premium, and vice versa. This trade-off allows policyholders to customize their insurance based on their financial situation and risk appetite.
Conclusion
Deductibles are a key feature of insurance policies that influence both the cost of premiums and the financial burden on policyholders when filing claims. Understanding how deductibles work and carefully selecting an appropriate deductible can help balance cost savings with financial protection, ensuring optimal insurance coverage tailored to individual needs and circumstances.
