Comprehensive insurance deductibles typically range from 100 to 1000 but they can sometimes be as high as 2500.

What is the highest deductible for auto insurance. Choose a deductible that makes sense based on the coverage and your financial situation. The highest deductible for auto insurance in Ontario is approximately 2500. Both your premium and deductible correlate with one another and as you increase the deductible the premium decreases and vice-versa.

The most common auto insurance deductible levels. How Do I Get My Deductible Waived. Another type of deductible you may see is a separate windhail deductible.

If you own a high end home the deductibles offered can be in the 10000 - 50000 range. Because consumers choose varying types of car insurance coverage with different monetary limits deductibles can vary significantly from one driver to the next. Best car insurance for college students.

A higher deductible means a reduced cost in your insurance premium. The Insurance Information Institute calculates that raising your deductible from 200 to 500 can reduce your premiums by 15 to 30 percent. As a rule deductibles are only waived when you are not at fault and the at-fault persons insurance company agrees to pay your deductible.

On average most car insurance deductibles fall between 500 and 1000 while most house insurance deductibles fall around 500 to 2000. Youll have a car insurance deductible for either. A good comprehensive deductible is an amount that the policyholder can afford to pay if their vehicle is suddenly damaged by something other than a car accident such as vandalism or a natural disaster.

In Ontario the standard deductible offered by insurance companies is 500 for collision and 300 for comprehensive. On average they cost between 500-1000. In fact most auto insurance policies come with deductibles that range from 500 to 2000 though some policies offer deductibles as low as 250.