Sooooo who's ready for some bad news?
iTrader: (12)
Joined: Jun 2008
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From: In Mother Russia...
Car Info: ...zeh car drives you!
General Pimpin'
iTrader: (7)
Joined: May 2003
Posts: 23,019
From: Knee deep in beer. subabrew crew, ca.
Car Info: MY04 aspen wrx wagon.
My deductible is $500 and my rates are not outrageous. I pay about $215 a month for 3 cars. Full coverage. 2 drivers. 300k coverage.
I've never had a deductible over $500. I suppose I could but I don't usually have $1000 sitting around and I don't like the idea of putting things like that on a credit card.
But that's just me. I guess if you have the means to cough up $1000 at any moment and want to pay $20 a month less then sure that's a good way to go.
It was just a question.
If in doubt, FLAT OUT
iTrader: (33)
Joined: Oct 2010
Posts: 7,046
From: Nor Cal SJ
Car Info: 2010 Hatch, 2011 Sedan
That's just a hair more than I pay for 3 cars too. I changed insurance last year and actually not 100% sure what the deductible is on it right now, but I think it is $500 also.
iTrader: (12)
Joined: Jun 2008
Posts: 4,030
From: In Mother Russia...
Car Info: ...zeh car drives you!
So you would rather pay more every month, lets say $20/month to have no deductible? You are basically betting your insurance company every month $XX that you will crash, against their $XXXXXX that you will not crash. And you want to raise your bet by $20 every month on top of your regular insurance policy bet?
I pay ~$500/year for insurance on my soob. If I drive safe and don't bother the insurance company, It will cost me $500. All my other money goes into a savings account or something which makes me more money or I spend it on stuff (maybe even on the car?).
Imagine, with $0 deductible I pay an extra $20/month=$480/year. Plus, the original $500. No matter how good of a driver I am, I WILL pay my insurance company $980 this given year. If I am a ****ty driver or have bad luck I might win the bet and get my medical bills paid and maybe some money to pay for another car (but never all of the money, and I'll have to fight for every penny, like Heedz is about to have to do).
So really what you are betting on is that you will spend either <Less than your deductible> or <less than the cost of having $0 deuctible> on repairs in a given time frame.
I pay ~$500/year for insurance on my soob. If I drive safe and don't bother the insurance company, It will cost me $500. All my other money goes into a savings account or something which makes me more money or I spend it on stuff (maybe even on the car?).
Imagine, with $0 deductible I pay an extra $20/month=$480/year. Plus, the original $500. No matter how good of a driver I am, I WILL pay my insurance company $980 this given year. If I am a ****ty driver or have bad luck I might win the bet and get my medical bills paid and maybe some money to pay for another car (but never all of the money, and I'll have to fight for every penny, like Heedz is about to have to do).
So really what you are betting on is that you will spend either <Less than your deductible> or <less than the cost of having $0 deuctible> on repairs in a given time frame.
I have $1,000 deductable and pay about $500/year for full coverage (2 cars); in I remember correctly, $500 deductable raised the premium by at least $200...in a long run, that's a lot of vodka.
No. I mean a higher deductible, like I wrote.
More info, read it.
Understanding Car Insurance Deductibles | 21st Century Car Insurance
Statistically, you save money over the haul with a higher deductible because you pay less on the policy.
More info, read it.
Understanding Car Insurance Deductibles | 21st Century Car Insurance
Statistically, you save money over the haul with a higher deductible because you pay less on the policy.
General Pimpin'
iTrader: (7)
Joined: May 2003
Posts: 23,019
From: Knee deep in beer. subabrew crew, ca.
Car Info: MY04 aspen wrx wagon.
Yeah it's a toss up. They're basically hoping that you'll just cover the "small" stuff on your own.
But sometimes the trade off isn't there. I think for me it was like $6 a month or some crap. I don't remember but it was minimal.
But sometimes the trade off isn't there. I think for me it was like $6 a month or some crap. I don't remember but it was minimal.
If in doubt, FLAT OUT
iTrader: (33)
Joined: Oct 2010
Posts: 7,046
From: Nor Cal SJ
Car Info: 2010 Hatch, 2011 Sedan
No. I mean a higher deductible, like I wrote.
More info, read it.
Understanding Car Insurance Deductibles | 21st Century Car Insurance
Statistically, you save money over the haul with a higher deductible because you pay less on the policy.
More info, read it.
Understanding Car Insurance Deductibles | 21st Century Car Insurance
Statistically, you save money over the haul with a higher deductible because you pay less on the policy.
So you would rather pay more every month, lets say $20/month to have no deductible? You are basically betting your insurance company every month $XX that you will crash, against their $XXXXXX that you will not crash. And you want to raise your bet by $20 every month on top of your regular insurance policy bet?
I pay ~$500/year for insurance on my soob. If I drive safe and don't bother the insurance company, It will cost me $500. All my other money goes into a savings account or something which makes me more money or I spend it on stuff (maybe even on the car?).
Imagine, with $0 deductible I pay an extra $20/month=$480/year. Plus, the original $500. No matter how good of a driver I am, I WILL pay my insurance company $980 this given year. If I am a ****ty driver or have bad luck I might win the bet and get my medical bills paid and maybe some money to pay for another car (but never all of the money, and I'll have to fight for every penny, like Heedz is about to have to do).
So really what you are betting on is that you will spend either <Less than your deductible> or <less than the cost of having $0 deuctible> on repairs in a given time frame.
I pay ~$500/year for insurance on my soob. If I drive safe and don't bother the insurance company, It will cost me $500. All my other money goes into a savings account or something which makes me more money or I spend it on stuff (maybe even on the car?).
Imagine, with $0 deductible I pay an extra $20/month=$480/year. Plus, the original $500. No matter how good of a driver I am, I WILL pay my insurance company $980 this given year. If I am a ****ty driver or have bad luck I might win the bet and get my medical bills paid and maybe some money to pay for another car (but never all of the money, and I'll have to fight for every penny, like Heedz is about to have to do).
So really what you are betting on is that you will spend either <Less than your deductible> or <less than the cost of having $0 deuctible> on repairs in a given time frame.
I've only had a few accidents in my life total. The one that was my fault was pretty big though.
The insurance company will still get their money either way - your premiums will go up afterward, mine did because I got a ticket for the accident. Even with "1st accident forgiveness" they will get you when you DO eventually file a claim, so in the long run, you still pay and they still make money. So if you think saving a few bucks a month really means much when you DO get in a big accident, it doesn't.
However, it’s important to choose a deductible that you can afford. Imagine not being able to get your car fixed because you don’t have money to cover the deductible.
When choosing your car insurance deductible, think about how much you can pay without causing a lot of stress in your life? Consider your income, your household budget, your personal savings, and your available credit.
When choosing your car insurance deductible, think about how much you can pay without causing a lot of stress in your life? Consider your income, your household budget, your personal savings, and your available credit.
Insurance is one of those things that you pay and HOPE you never have to use.
Last edited by 04GG; Nov 14, 2012 at 04:12 PM.
Hipster nivå: inlägg främmande språk i forum där de flesta användare inte talar språket. Att göra detta var mycket mer fantastiska när det inte var Google Translate.
Thread Starter
Nobody likes the tuna here
iTrader: (51)
Joined: Feb 2010
Posts: 19,779
From: Somewhere San Mateo County, Inside A 911 Ambulance
Car Info: 03 SRP WRX Street Class Prepped, 17 Chevy Duramax
Our deductable used to be $500..... But with accidents caused by others 100% party B's fault, 3 of them in one year....... We got ****ed...
Yeah everything literally everything is off the car. No front brakes, all ****ty pads, no cubby, its all good to go.
Another shout out to Jamison to helping out for a few hours today too. Owe you dinner at least man!
If anyone wants parts... Ill be going tonight to fremont.
Yeah everything literally everything is off the car. No front brakes, all ****ty pads, no cubby, its all good to go.
Another shout out to Jamison to helping out for a few hours today too. Owe you dinner at least man!
If anyone wants parts... Ill be going tonight to fremont.
VIP Member
iTrader: (2)
Joined: Nov 2002
Posts: 15,425
From: Under your bed, in your closet, and in your head
Car Info: Corvette Z51
Damn your driveway heedz! It ate my phone...
Phone slid out of my pocket while I was laying under the car, landed face down (a whopping 4 inch drop) and cracked... Gorilla glass my ***...
Phone slid out of my pocket while I was laying under the car, landed face down (a whopping 4 inch drop) and cracked... Gorilla glass my ***...