If they ask the choice is yours your car insurance deductible is a financial decision.

What is the highest car insurance deductible. Both your premium and deductible correlate with one another and as you increase the deductible the premium decreases and vice-versa. Collision is often pricier and makes more sense to go with a higher deductible. In fact most auto insurance policies come with deductibles that range from 500 to 2000 though some policies offer deductibles as low as 250.

Just because you have to pay a premium for insurance protection doesnt mean that you need to break the bank. Depending on your insurer you can typically choose a rate from 250 500 1000 or 2000. The biggest reason to go with a high auto insurance deductible.

You choose your deductible when you purchase your policy and the higher the deductible is the lower your premium will be. No coverage no deductible. Auto insurance deductible amounts can run anywhere from a few hundred dollars to 2000 and the most popular option is a 500 deductible.

Best car insurance for college students. Choose a deductible that makes sense based on the coverage and your financial situation. On average most car insurance deductibles fall between 500 and 1000 while most house insurance deductibles fall around 500 to 2000.

The most common auto insurance deductible levels. In Ontario the standard deductible offered by insurance companies is 500 for collision and 300 for comprehensive. What is a car insurance deductible.

Namely a deductible doesnt apply to your liability insurance. 2 For instance you could go with 100 deductible on comprehensive and 500 on collision. A deductible however only applies to specific insurance coverage options.