What is the recommended deductible to have for full coverage?

Is there a specific deductible amount that's recommended for full coverage?

Answer
“When deciding what a good comprehensive insurance and collision insurance deductible is, you’ll need to look at what you can afford.
Deductibles range from $0-$2500 depending on the carrier. The higher your deductible, the lower your rate for full coverage will be. The most common deductibles to carry are $500 and $1,000.
Most people feel they are able to easily pay this out of pocket when submitting a claim.
If you aren’t able to afford a $500 or $1,000 deductible, consider going with a lower deductible amount to start. Once you’re able to save money, you could raise your deductible.
While a lower deductible will have a higher upfront cost, you’re ensuring you can pay your part to repair your vehicle.”
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Emily Maracle
Answered on Jul 08, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
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