Should I Have a $500 or $1000 Auto Insurance Deductible

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  • เผยแพร่เมื่อ 21 ก.ค. 2024
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    Timeline:
    00:00 Intro
    00:21 What Is a Car Insurance Deductible?
    02:33 What Deductible Do I Need?
    06:10 Bottom Line
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ความคิดเห็น • 14

  • @youiloves1242
    @youiloves1242 3 ปีที่แล้ว +1

    Great video. Thank you

  • @usernamechecksout7543
    @usernamechecksout7543 2 ปีที่แล้ว +1

    very detailed video in such a short amount of time

  • @Angelitaasmr
    @Angelitaasmr 10 หลายเดือนก่อน

    So I have $1,000 deductible on my vehicle and I have it where if it gets into a fire tree falls on it or it gets stolen do I pay the deductible upfront or is it covered by the insurance

  • @justgoodvibez2447
    @justgoodvibez2447 2 ปีที่แล้ว

    Thank you 😊

  • @smerkuzheog6249
    @smerkuzheog6249 ปีที่แล้ว

    What about $50 deductible with AAA ?

  • @bossent.9575
    @bossent.9575 2 ปีที่แล้ว

    My current insurance company dropped me because I filed too many claims so with my next insurance company should I get a 1,000 deductible to save on a chance of having to file a claim

    • @thesmartinvestor4539
      @thesmartinvestor4539  2 ปีที่แล้ว

      Higher deductible improve your chances, of course. You can even go above $1,000.

  • @noneosharma459
    @noneosharma459 ปีที่แล้ว

    Hello, I have a question may be you or someone can answer. I had car theft, and thieves stole catalytic converter from my honda accord 2006. I have comprehensive insurance with $50 deductible, my inusrance company gave me estimate using after market parts and asking me to pay $574. Their argument is car is old and parts are new, so i will have to for that reason. To my understanding, i am liable to only pay $50 (deductible amount), want to check your thoughts if i will have to pay $574?

    • @MF-bu2ol
      @MF-bu2ol ปีที่แล้ว +1

      Insurance should pay the rest.

    • @noneosharma459
      @noneosharma459 ปีที่แล้ว

      @MF they didn't, had to pay for the preciated parts value, despite the fact that there was no issue prior to theft. Well, reached out to the commission of insurance and banking of the state and will bring the matter to their attention as def feel like its not a good faith settlement.

  • @12vLife
    @12vLife 3 ปีที่แล้ว

    if Gieco's site say estimate is ready but has this footnote "The estimated repair cost includes your deductible".. do I need to subtract my deductible to see what amount the check will be for?

    • @thesmartinvestor4539
      @thesmartinvestor4539  2 ปีที่แล้ว

      Hey, not sure regarding the exact step you're in the process, the best thing to do here is asking Geico customer service: www.geico.com/contact-us/