Progressive offers deductibles that are disappearing for car, motorhome, motorcycle and boat policies. We charge a higher rate for customers who are more likely to file claims and a cheaper auto insurance rate for customers who are least likely to file claims. A car insurance deductible is what you pay “out of pocket” on a claim before your insurance covers the rest. Learn more about car insurance for teens, insurance for seniors, and how age affects your car insurance rate.
Collision protection, all-risk, coverage for uninsured and personal injury drivers typically have an auto insurance deductible. If you live in a state where cracked windshields are common, you might want to choose a low car insurance deductible to replace your windshield. You can pay for your car insurance policy by credit card, PayPal, online check, personal check, money order, or electronic funds transfer (EFT) from your checking account. Adding your spouse to your car insurance policy offers some small but favorable benefits, including potentially lower costs and the convenience of having a single policy.
You can change insurers at any time, even if you just renewed your policy with another insurance company. If your car insurance deductible is greater than the cost of damage to your vehicle, you'll pay the full cost out of your pocket, since the insurer only covers damages that exceed the amount of the deductible. If you live in a densely populated area and are at greater risk of having a car stolen, vandalized and your car damaged, you're likely to pay more for the part of your policy that covers comprehensive insurance and auto collision coverage. If it's been a few months since you received your quote, the rates in your area may have been revised, which could decrease or increase the price you pay for your car insurance policy.
However, the vehicle must be regularly parked at your residence overnight for Progressive to insure it in your policy. While this data provides information on the average cost of car insurance in each state, it's not customized for your specific situation. Every state requires auto insurance companies to declare how they calculate rates to customers, and insurers cannot deviate from these presented rates. After you pay the amount of the car's deductible, your insurer will cover the remaining cost to repair or replace your vehicle.
You can opt for a higher car insurance deductible because you're betting against having an accident, but if you've had accidents in the past and drive often on higher-traffic roads, you're more likely to file a claim and pay a deductible.