Good call on checking those mid-range deductibles—I found the same thing when I was shopping around. My insurer offered a $750 option, and honestly, it turned out to be the sweet spot for me. Lowered my premium noticeably without making me feel too exposed. I tend to be cautious (maybe overly so, lol), so having that balance between savings and peace of mind was key. Definitely worth taking a closer look at those in-between options if they're available. Good luck figuring it out... insurance decisions are never easy.
I totally get what you're saying about finding that sweet spot. I'm new to the whole insurance thing, and honestly, it felt overwhelming at first. I almost went for the lowest deductible thinking I'd be safer, but then I saw how much higher the monthly payments were... yikes. Ended up choosing something in the middle too—around $500—and it feels like a decent compromise. Still not 100% sure it's perfect, but at least I don't feel like I'm throwing money away every month, you know?
Yeah, $500 sounds pretty reasonable. One thing I always tell friends is to think about your emergency savings—if you've got enough tucked away, you can comfortably go higher on the deductible and save monthly. If not... middle ground it is, haha.
$500 is fine for a daily driver, but honestly, for my classics, I always go higher. If you're careful and rarely drive them, why pay extra every month for coverage you probably won't need? Had a buddy whose Mustang sat in the garage 99% of the time—he was paying way too much for a low deductible. But then again, depends on how much risk you're comfortable with... anyone else here bump up their deductible on a car they rarely drive?
I get where you're coming from on this. I've actually spent a lot of time crunching numbers on deductibles, especially since my weekend car is a luxury model that mostly just sits covered in the garage. For my daily driver, I stick with $500 too—makes sense because the risk of minor incidents is higher when you're out there every day. But for the car I rarely drive, I've bumped mine up to $1,000.
Here's how I see it: if something happens to a car that's driven maybe once or twice a month, it's probably going to be something significant anyway—like theft or major damage—so the deductible difference isn't going to be my biggest worry. Plus, the savings on premiums over time can really add up. I ran the math once and realized that after just a couple years of lower premiums, I'd already saved enough to cover the difference in deductible if something did happen.
But you're right, it's all about your comfort level with risk. Some folks just sleep better knowing they're covered for smaller stuff too, even if it's unlikely. Have you looked into agreed-value policies for your classics? Sometimes those can offer better peace of mind without having to keep your deductible super low.
Anyway, sounds like you've thought it through pretty well already...
