Is a 500 or 1000 deductible better?

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1. Why is my deductible 1000? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE If you have a $1,000 deductible on any type of insurance, that means you must spend at least that amount out-of-pocket before your insurance company begins to pick up some of the tab. Practically all types of insurance...
2. Is a $1000 deductible good? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE Although $1,000 is often considered an average deductible, it’s becoming more common for individuals to mitigate their risk by opting for lower deductibles of $500 or even $250. Nov 15, 2017 CALL US NOW (Mon-Fri, 8am – 5pm...
3. How does a $500 deductible work? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE How Do Deductibles Work? A car insurance deductible is what you have to pay out of pocket to cover damages from an accident before the insurance company covers anything. For example, if you have a $500 deductible, you’ll...
4. Is a 500 deductible good? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE It’s best to have a $500 collision deductible unless you have a large amount of savings. Remember, this deductible amount has to be paid every time you make a collision claim. Aug 3, 2021 CALL US NOW (Mon-Fri,...
5. Is a 500 dollar deductible good? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE Most often, a lower deductible means higher monthly payments. If you have a low deductible, you have more coverage from your insurance company and you have to pay less out of pocket in the case of a claim....
6. What does a 500 dollar deductible mean for car insurance? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE After you pay the car deductible amount, your insurer will cover the remaining cost to repair or replace your vehicle. Example: You have a $500 deductible and $3,000 in damage from a covered accident. Your insurer will pay...