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What is a good deductible?

Posted on 5/13/16 at 5:43 pm
Posted by TigersHuskers
Nebraska
Member since Oct 2014
15523 posts
Posted on 5/13/16 at 5:43 pm
Is $1,000 for collision and comprehensive good for a 2011 Ford?
Posted by tigerinthebueche
Member since Oct 2010
38229 posts
Posted on 5/13/16 at 5:52 pm to
Do you want to pay first $1000 bucks out of pocket?
Posted by Napoleon
Kenna
Member since Dec 2007
74880 posts
Posted on 5/13/16 at 6:10 pm to
Depends what you want, if it's a lower monthly note then $1000 is a good deductible. If it's less out of pocket expense after an accident, but a higher monthly rate, then no it's not as good, but better than a $2k deductible.

I think $500 is the best balance.
Posted by Pectus
Internet
Member since Apr 2010
67302 posts
Posted on 5/13/16 at 6:16 pm to
$200
Posted by jrodLSUke
Premium
Member since Jan 2011
26535 posts
Posted on 5/13/16 at 7:15 pm to
It depends on what you can afford. If $1000 is easy to pay out of pocket, then that will lower your premium.
Posted by pjab
Member since Mar 2016
5775 posts
Posted on 5/13/16 at 7:17 pm to
It's all about the risk you are willing to accept. Lower isn't necessary better.
Posted by Spankum
The Sip
Member since Jan 2007
63285 posts
Posted on 5/13/16 at 7:23 pm to
I generally have $1000 deductible on my auto insurance...I have filed very few claims in my life and just hate paying insurance.
Posted by uptowntiger84
uptown
Member since Jul 2011
5623 posts
Posted on 5/13/16 at 8:22 pm to
0 across the board.
Posted by N2cars
Member since Feb 2008
40320 posts
Posted on 5/13/16 at 8:28 pm to
Yes.
Posted by 756
Member since Sep 2004
15997 posts
Posted on 5/13/16 at 8:31 pm to
500 is a good place to be-
Posted by ehidal1
Chief Boot Knocka
Member since Dec 2007
37339 posts
Posted on 5/13/16 at 8:35 pm to
Agree on the $500 deductible for collision. $250 for comprehensive. The biggest thing to watch is the windshield replacement policy on the deductible for the comprehensive.
Posted by N2cars
Member since Feb 2008
40320 posts
Posted on 5/13/16 at 8:40 pm to
I've run the numbers. After 3.5 years, I am ahead.

That was 7 years ago.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
70469 posts
Posted on 5/13/16 at 8:40 pm to
Why would you get car insurance?


-half of louisiana residents
Posted by lsufan1971
Zachary
Member since Nov 2003
24393 posts
Posted on 5/13/16 at 9:06 pm to
quote:

The biggest thing to watch is the windshield replacement policy on the deductible for the comprehensive.


Just replaced the windshield in my wife's Pilot for $300 through safelite. I didn't use insurance. My deductibles are $2000 but my policy is $900 less a year on 3 cars so it's pays me to keep the higher deductible. I wouldn't make a claim for anything less than 2k anyway.
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