To cover your own car, you'll need comprehensive and collision insurance. This insurance coverage pays for physical damages to your car if you are in an accident. When you purchase this coverage for damage to your car, you will need to choose a deductible. This is the amount that you'll have to pay upfront before the insurance company pays anything toward repairing your vehicle.

A lower car insurance deductible means you'll have to pay less out of pocket to have your car repaired, but it is also more expensive. A higher auto insurance deductible limit means your car insurance premium will be lower, but you'll also have to come up with more money before the insurance company begins paying for repairs to your car.

There are a few things to keep in mind when choosing your deductible. For an older car, paying for collision and comprehensive coverage may not make financial sense. The insurance company will only pay market value for the car, so you may choose to not have this coverage on an older or lower value car.

If you have a loan or lease on your car, the bank or leasing company will require that you have coverage for damage to the car.If your vehicle is paid for, you are not required to carry comprehensive and collision insurance. However, you should keep in mind that if you have damage to your vehicle, you'll have to pay for the repairs yourself. If you would have financial difficulty paying for the repairs, then this coverage for damage to your car may be a good idea.

The deductible you choose will depend on the value of your car, your financial situation, and whether or not you are making payments on your car. If you are still in doubt about what auto insurance deductible you would like, feel free to contact us and we will review some options for you. We are happy to help!