You are probably very familiar with the deductibles associated with your health insurance, but did you know that your Florida auto insurance also has a deductible?

You probably go to the doctor a lot more than you go to the repair shop (at least we certainly hope so!) which is why you probably have a better understanding of how the deductible associated with your health insurance works. You might have a co-pay every time you go to the doctor, which is a form of deductible, or your policy might specify that the doctors’ bills will not be covered until you have paid a certain amount of money out of pocket yourself. 

The deductibles associated with your car insurance policy operate on a similar basis.

FLORIDA AUTO INSURANCE DEDUCTIBLES

The average deductible associated with Florida auto insurance policies is $500, but if you are looking for ways to save a little money on your car insurance premiums, our Lantana-based insurance experts can give you a quote for a comparable insurance policy with a $1,000 deductible – or more, depending on your needs. 

As the folks at WalletHub explain, “The higher your car insurance deductible is, the lower your car insurance premium will be.” It’s important to keep in mind, though, that if in the unfortunate event that you are in an accident, you will be responsible for paying the deductible amount. So be sure to select a deductible amount that you will be comfortable paying if you need repairs. 

In other words, if you are in an accident and your deductible is $1,000, you will have to pay the first $1,000 of any needed repairs. You will also want to be aware that your auto insurance policy will likely come with more than one deductible. 

“Car insurance deductibles work the same way for all coverage types, and you will get to choose your deductible amount for each,” WalletHub says. “For example, you could choose a $500 deductible for comprehensive insurance, which tends to have lower premiums, but $1,000 for collision, which usually costs more.” 



If you have questions about Florida auto insurance and deductibles, you can contact the experts at B&B Car Insurance Agency, serving Lake Worth, Lantana, Boynton Beach, and other South Florida communities.The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.