Your auto insurance deductible plays a big role in determining your premiums. For instance, a low deductible could mean higher premiums as it shows you’re a high-risk driver. Alternatively, choosing a higher deductible may not be a wise choice as paying it each time you file a claim can strain your budget.
Here are some factors to consider when choosing your auto insurance deductible:
- The amount you’re willing to pay.
- Your driving history – a low-risk driver should go for a higher deductible and vice versa.
- The type of coverage you have as your insurance only covers for policies listed in your insurance.
Contact Affordable Insurance today for quality auto insurance.