Work Life Tips

Deductibles and Your Car Insurance Collision Coverage – Liability Car Insurance Tips

On your policy, car insurance collision coverage typically carries a deductible, which is the amount you pay before the auto insurance company assumes the cost of the repair. Many insured drivers choose a higher car insurance deductible ($500 to $1,000) to keep premiums low.

Auto insurance collision coverage is also more expensive for cars with certain risk factors:
* Very expensive
* Frequently stolen
* Difficult to repair, and/or accident-prone.