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  1. 2 lis 2023 · The average auto insurance deductible is $500, but you could also select amounts like $250, $1,000 or $2,000; this will also affect your policy’s premium.

  2. 10 cze 2023 · The most common car insurance deductible is $500. However, deductible amounts can vary from $100 to $1,000 or higher, depending on your insurance company and where you live.

  3. 27 paź 2023 · Most drivers choose a $500 auto insurance deductible, but policies with higher deductibles cost less. Choosing a plan with a higher deductible to get a lower insurance rate means higher...

  4. 3 paź 2024 · According to MoneyGeek's data, the average car insurance deductible amount is $500. However, you can usually choose between $250, $500 or $1,000 for comprehensive and collision deductibles. Choosing the right deductible is key.

  5. An auto insurance deductible is what you pay “out of pocket” on a claim before your insurance covers the rest. Collision, comprehensive, uninsured motorist, and personal injury protection coverages all typically have a car insurance deductible.

  6. 18 lip 2024 · A $1,000 deductible is better than a $500 deductible if you're a safe driver. A higher deductible means you'll pay lower premiums, and choosing a $1,000 deductible over a $500 deductible allows you to save about 28% as long as you drive safely and avoid filing claims.

  7. 5 mar 2024 · A deductible in car insurance is the amount you pay when filing a claim for certain types of coverage. After you pay the deductible, the insurer helps cover the remaining costs of car...