The state where you live also plays a part in the deductible amount.

What is a high car insurance deductible. The biggest reason to go with a high auto insurance deductible. Your car insurance deductible is usually a set amount say 500. But people can choose a deductible amount anywhere from 0 to.

This can range from zero to thousands of dollars. The Pros and Cons of a High Car Insurance Deductible. With insurance costs going up many people are increasing their deductibles to.

Car insurance deductible amounts typically range from 100 to 2000. It lowers your monthly premiums sometimes dramatically. No coverage no deductible.

The average car insurance deductible is 500. Usually they are a set dollar amount but in some cases they can be a percentage of the amount of your. Key Things To Know About Car Insurance Deductibles.

A car insurance deductible is the amount of money a policyholder must pay out of pocket each time a car insurance claim is submitted. If youre at-fault in a collision you cant avoid paying your deductible. Simply put a deductible is an amount that you will pay out-of-pocket on a claim before the insurance company steps in and pays the remainder of what is owed.

But you dont have to make them the same you might want to set your collision deductible higher than your comprehensive deductible if youre more concerned about damage from a car accident than from extreme weather vandalism or theft. If they ask the choice is yours your car insurance deductible is a financial decision. Comprehensive deductibles usually range from 250 to 1000 though they can go higher.