Car Insurance Deductibles Explained
1:23
progressive.com
Car Insurance Deductibles Explained
Find out how car insurance deductibles work and learn more about high and low deductible options for your policy.
Sep 27, 2021
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Car Insurance Deductibles Guide: 5 Key Things to Know in 2025
Car Insurance Deductibles Guide: 5 Key Things to Know in 2025
wallethub.com
Jul 18, 2024
Confused about auto insurance deductibles? Here’s the quick breakdown: Your deductible is the amount you pay out of pocket before your insurance company covers the rest. Choosing a higher deductible lowers your monthly premium but increases your cost during a claim. A lower deductible raises your premium but reduces financial stress after an accident. Collision covers accident-related damage, while comprehensive covers theft, storms, and more. Make the smart choice for your budget and protection
0:29
Confused about auto insurance deductibles? Here’s the quick breakdown: Your deductible is the amount you pay out of pocket before your insurance company covers the rest. Choosing a higher deductible lowers your monthly premium but increases your cost during a claim. A lower deductible raises your premium but reduces financial stress after an accident. Collision covers accident-related damage, while comprehensive covers theft, storms, and more. Make the smart choice for your budget and protection
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I would not advise carrying a lower deductible than $1,000 on your auto insurance. While there are some rare situations that warrant it, it doesn’t make financial sense for the majority of people for many reasons. Let’s talk insurance📱 Send a note, get a quote Become a client of the Melissa Bankard Farmers Insurance Agency• 972-761-9333•auto 🚘/ home 🏠/ retirement solutions💰/ life 👨‍👩‍👧 /business 🏙/ motorcycle 🏍 / boat🛥/ landlord insurance | Melissa Bankard
1:00
I would not advise carrying a lower deductible than $1,000 on your auto insurance. While there are some rare situations that warrant it, it doesn’t make financial sense for the majority of people for many reasons. Let’s talk insurance📱 Send a note, get a quote Become a client of the Melissa Bankard Farmers Insurance Agency• 972-761-9333•auto 🚘/ home 🏠/ retirement solutions💰/ life 👨‍👩‍👧 /business 🏙/ motorcycle 🏍 / boat🛥/ landlord insurance | Melissa Bankard
FacebookMelissa Bankard
216 views3 months ago
72K views · 145 reactions | "Your deductible is going away or getting lowered. Your co-insurance is lower. The monthly deduction from your paycheck is lower. That is what is happening with the OMNIA Health Plan." ~ Paul Walsh, Broker. | Horizon Blue Cross Blue Shield of New Jersey | Facebook
0:31
72K views · 145 reactions | "Your deductible is going away or getting lowered. Your co-insurance is lower. The monthly deduction from your paycheck is lower. That is what is happening with the OMNIA Health Plan." ~ Paul Walsh, Broker. | Horizon Blue Cross Blue Shield of New Jersey | Facebook
FacebookHorizon Blue Cross Blue
72.3K views2 weeks ago
Car Insurance Deductibles Guide: 5 Key Things to Know in 2025
Car Insurance Deductibles Guide: 5 Key Things to Know in 2025
Jul 18, 2024
wallethub.com
Confused about auto insurance deductibles? Here’s the quick breakdown: Your deductible is the amount you pay out of pocket before your insurance company covers the rest. Choosing a higher deductible lowers your monthly premium but increases your cost during a claim. A lower deductible raises your premium but reduces financial stress after an accident. Collision covers accident-related damage, while comprehensive covers theft, storms, and more. Make the smart choice for your budget and protection
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