Youll have a car insurance deductible for either.

What is a good auto insurance deductible. The disappearing deductible often found in auto insurance policies is a reward for being a lower-risk individual. A low deductible of 500 means your insurance company is covering you for 4500. Namely a deductible doesnt apply to your liability insurance.

If you are involved in an accident causing 5000 of. With insurance costs going up many people are increasing their deductibles to 500 on comprehensive and 1000 on collision. 2 For instance you could go with 100 deductible on comprehensive and 500 on collision.

On average they cost between 500-1000. What is a good deductible for auto insurance. Most drivers have a 500 deductible.

A car insurance deductible is the amount of money you agree to pay out of your own pocket for car repairs or replacement after an accident. Generally deductibles tend to be between 250 and 1000. Depending on your insurer you can typically choose a rate from 250 500 1000 or 2000.

On average most car insurance deductibles fall between 500 and 1000 while most house insurance deductibles fall around 500 to 2000. How Car Insurance Deductibles and Premiums Work Together. A deductible however only applies to specific insurance coverage options.

Typically comprehensive deductibles range from 100 to 2500 as car insurance deductible choices vary depending on your state laws and insurance company guidelines. The amount to pay will vary based on each persons individual policy. If you had a 500 deductible youd pay 500 and they would pay 500.