Is 500 a month too much for car insurance?

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1. 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...
2. Is a $500 car payment too much? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE A $500 car payment is about average right now. The concept of “too much” is going to depend on your income and living expenses, your insurance expense, and other budget factors. 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. Is a 500 or 1000 deductible better? CALL US NOW (Mon-Fri, 8am – 5pm PST) for a FREE QUOTE If you have a $1,000 deductible your insurance pays for anything over that amount. That $500 difference in your deductible could make a big difference in your premiums. And the lower the deductible you want the higher your...