You can be the safest driver on the road, but you can never fully protect yourself from unexpected accidents. What you can do is arm yourself with quality auto insurance coverage that safeguards you against life’s unknowns.
However, good auto insurance coverage does not come without its cost in deductibles.
Deductibles are defined as the out-of-pocket expenses that a policyholder needs to pay toward an accident or claim. While minimum auto insurance coverage policies don’t require deductibles, any auto insurance policy that exceeds minimum state requirements, in terms of protection, will require a deductible.
Typically speaking, a $500 deductible is an average rate. However, choosing a higher deductible can be a good way to save money in the long run through lower premiums. So, if you can afford the higher rate post-accident/incident it pays off to have a higher deductible!
Here are some tips for determining the right car insurance deductibles and policies for your needs:
- Driving Records – Driving records can help you determine the likelihood of future claims.
- Leases – Liens and leases require specific deductibles. It is important to read the fine print on lease agreements!
- Coverage – The type of auto insurance coverage you have determines your deductible expenses.
At Beck Insurance Agency we are proud to serve our clients in Montpelier, OH, Toledo, Napoleon, OH, Bryan, OH, Swanton, OH, Perrysburg, and the surrounding areas with affordable auto insurance solutions. Working with our client’s needs at heart, we help you decide on the right auto insurance coverage for your wants, needs, and budget.
Our agents even help you determine if you’re eligible for any savings and discounts. As a family-owned and operated insurance agency for over 70 years, we have a legacy of quality insurance coverage at affordable rates. Contact us today for more details on auto insurance coverage!
