I get wanting to save cash, but have you ever had a deer jump out at you or a hailstorm wreck your hood? Those “just in case” moments are rare, but man, when they hit, they hit hard. How much risk feels okay before it’s just stress?
I get where you’re coming from, but honestly, I’d rather pay a bit more each month and not have to stress about a huge bill if something wild happens. It’s like, yeah, deer and hail aren’t every day, but when they do hit, it’s brutal. I try to think step-by-step: what could actually go wrong, how much would it cost me out of pocket, and can I handle that? If the answer’s no, I’d rather play it safe with a lower deductible. Just feels less risky in the long run, even if it costs a bit more now.
Honestly, I get the “less risky” angle, but sometimes a higher deductible can make sense if you’ve got a good emergency fund. Not everyone likes paying more each month for something that might never happen.
“I’d rather play it safe with a lower deductible. Just feels less risky in the long run, even if it costs a bit more now.”
Thing is, over five or ten years, those extra premiums add up fast. If you’re not making frequent claims, you could be paying way more than you’d ever owe with a higher deductible. It really comes down to how comfortable you are with risk and your savings cushion. Some folks don’t mind rolling the dice a bit.
Honestly, I get where you’re coming from. I’ve always leaned toward the lower deductible myself, just for peace of mind. Life with kids and a busy schedule means I’d rather avoid any big surprises if something goes wrong. Sure, maybe I’m paying a bit more over time, but knowing I won’t be scrambling for cash after an accident is worth it to me. Guess it’s just about what helps you sleep at night.
I hear you on the peace of mind thing, but I’ve actually gone with a higher deductible for years just because my commute is pretty uneventful (knock on wood). I did the math and realized I’d save more long-term unless I got into an accident every year, which... fingers crossed, hasn’t happened yet. It really depends how often you’re filing claims, though. If you’ve got kids and chaos, I totally get wanting that lower deductible safety net.
