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An car policy deductible is what you pay “ out of scoop ” on a claim before your indemnity covers the stay. Collision, comprehensive, uninsured motorist, and personal wound protection coverages all typically have a car indemnity deductible. You typically have a choice between a low and high gear deductible. A moo deductible means a higher insurance pace, whereas a high deductible means a lower policy rate.

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How do car insurance deductibles work?

Unlike health policy, there are no annual deductibles to meet when it comes to car indemnity. You ‘re creditworthy for your policy ‘s stated deductible every prison term you file a call. After you pay the cable car deductible measure, your insurance company will cover the remaining cost to repair or replace your vehicle .

Comprehensive and collision are the two most park car insurance coverages that include deductibles. You may besides have a deductible for personal injury protective covering or uninsured/underinsured motorist property damage in some states. Auto insurance deductibles work precisely the same for all coverage types .
here ‘s a promptly overview of how deductible work and how they influence your indemnity rate :

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How do deductibles work for car insurance?

Copyright [ 2015 – 2021 ] Progressive Casualty Ins. Co. All Rights Reserved .
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How serve car insurance deductibles work ?
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In the simple of definitions, an car insurance deductible is what you pay out of pouch on a claim. As you can see in the example, after you pay your deductible come your insurance company may cover the remaining cost to repair or replace your vehicle. This assumes the price is covered and the claim for the wrong is approved .
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Things to keep in mind
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here ‘s something to keep in judgment when choosing a deductible .
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Higher deductible
You pay more out of air pocket, but rate is lower
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With a higher deductible you ‘ll pay more out of pocket, but your car indemnity rate will be lower .
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Lower deductible
Your rate is higher, but you pay less out of pocket
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With a lower deductible your rate will be higher, but you ‘ll pay less out of pocket .
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Coverages that could have a car indemnity deductible include : comprehensive, collision, uninsured and under-insured motorist property wrong, and personal injury protection if it applies in your state .
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Comprehensive, Collision, Uninsured/under-insured motorist property damage, Personal wound auspices
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Some insurers even offer a vanish deductible program. It ‘s what it sounds like. If you go a set amount of clock time without a title or misdemeanor your deductible measure will decrease or be waived .
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Disappearing deductible
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progressive offers disappearing deductibles for car, RV, motorbike, and gravy boat policies .
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Contact Progressive nowadays for assistant choosing your deductible total .
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Let us help you choose a deductible measure ! We offer indemnity by call, on-line, and through independent agents. Prices vary based on how you buy .

What if my car insurance deductible costs more than my repairs?

If your car policy deductible is higher than the cost of the damage to your vehicle, you ‘ll pay for the integral cost out of pouch as the insurance company lone covers damages above your deductible total. In these cases, you may not need to file a claim .

High vs. low car insurance deductibles

In most cases, you can choose whether you want to pay a higher or lower deductible for car insurance. Car policy deductible amounts typically range from $ 100 to $ 2,000. The most common deductible our drivers choose is $ 500, but there ‘s no wrong choice. ultimately, it comes down to what you prefer :
Higher deductible = Lower car insurance rate and higher out-of-pocket costs

Lower deductible = Higher car insurance rate and lower out-of-pocket costs
Choose an car deductible total you ‘re comfortable with, and make certain you can afford to pay your deductible out of air pocket in the event of a claim. It ‘s besides crucial to consider your driving history and the likelihood of filing a title. You may opt for a higher cable car policy deductible because you ‘re betting against having an accident, but if you ‘ve had accidents in the past and frequently drive on busier roads, you may be more likely to file a claim and pay a deductible .

How will your car insurance deductible impact your rate?

Based on paying $ 420 for collision coverage on a six-month policy, the chart below shows how adjusting a deductible can change the coverage cost. Increasing your deductible from $ 100 to $ 250 provides the greatest jump in savings, while going from $ 1,000 to $ 2,000 offers the lowest sum of savings .

Deductible Six-month cost Cost difference
$100 Six-month cost
cost difference
$250 Six-month price
cost remainder
-29% lower
$500 Six-month cost
monetary value difference
-25% lower
$1,000 Six-month cost
cost remainder
-28% lower
$2,000 Six-month cost
cost difference
-17% lower

bounty amounts are hypothetical. The change in premium based on changes in deductible amounts reflect Progressive ‘s conduct car Ohio rate file as of August 2019. View this mesa as an persona .

When do you pay a car insurance deductible?

You pay your deductible any clock you file a claim under a coverage that carries a deductible, assuming the price is covered and costs more than your deductible measure. If your claim is approved, your deductible will typically be applied when your policy company issues your payout. You broadly do n’t have to write a crack or make a payment to your insurance company. They merely subtract your deductible come from your claim ‘s approved payout. Suppose you have a claim approved for $ 5,000, and your deductible is $ 250. In that case, your indemnity company will issue you a assay for $ 4,750 .
A car insurance deductible subtracted from repair costs to show the claim payout.

Do I pay a deductible if I hit a car?

If you cause an accident but do n’t damage your car, you wo n’t pay a deductible. In this scenario, your liability coverage would pay for the early driver ‘s injuries and property damage, which does n’t carry a deductible. however, if your fomite is damaged in the accident, and you decide to file a collision title, then you would pay your collision deductible .

Do I pay a car insurance deductible if I’m not at fault?

If the other driver is officially deemed at fault, their policy company can pay for your repairs if you file them, and you wo n’t have to pay your deductible. If you have collision coverage, you can besides choose to go through your own insurance company, who will seek reimbursement ( including your deductible ) from the early driver ‘s indemnity company. In situations where fault is shared, you may end up paying all or part of your car indemnity deductible .
Keep in heed, if an uninsured or underinsured driver hits you, a deductible may apply to your uninsured/underinsured motorist property price coverage in certain states .

Other situations with no deductible

An car policy deductible wo n’t apply to you in the pursue scenarios :
Small car getting hit in rear-end collision

  1. Another person files a claim against your liability coverage

    There is no car policy deductible on a liability claim, meaning you pay nothing out-of-pocket for an accident in which your insurance company pays for the damages and/or injuries you caused to another person, up to your policy ‘s limits .

  2. You selected a disappearing deductible

    Some insurers offer a “ vanish deductible ” program that lowers your deductible a set measure for each violation- and claim-free policy period. After a certain number of policy periods, you can end up with a $ 0 deductible for comprehensive or collision claims. however, your deductible typically resets to its original measure after filing a claim .

  3. You have free repairs on glass claims

    In some states, your insurance company may repair or replace your windshield without requiring a deductible, or they may give you the choice of choosing a $ 0 deductible for glass claims. other insurers, including Progressive, may waive your deductible if they can repair your windshield rather than replacing it.

Choose your deductible and get coverage from Progressive

New Progressive customers

Call 1-866-749-7436 or get an car insurance quotation mark on-line, and we ‘ll help you figure out the best deductible for each coverage .

Current Progressive customers

Log in to your policy or call us at 1-866-749-7436 and make changes to your existing deductibles, if necessary .
Looking for more data about car insurance ? Our car insurance resource center field has you covered .

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