I went with a lower deductible myself, mostly because I figured I'd stress less knowing repairs wouldn't empty my savings. But now I'm wondering...does having a lower deductible make people drive more cautiously, or does it not really matter?
Personally, I doubt the deductible amount has much influence on driving habits. When I'm behind the wheel of my car, I'm definitely not calculating potential repair costs in real-time—it's more about instinct and habit. Actually, having a luxury vehicle, I've found that higher deductibles can sometimes make sense financially. You pay less upfront each month, and if you're generally cautious or don't drive much, the odds of needing repairs might stay low anyway...
I get your point, but honestly, deductible amounts do cross my mind sometimes—especially after a close call.
- Higher deductibles might save money short-term, sure...but commuting daily increases accident risk.
- I'd rather pay a bit extra monthly than worry about a surprise $1,000+ bill hitting me later.
- Luxury or not, accidents happen unexpectedly—you never know.
Totally get where you're coming from—commuting daily definitely ups your risk factor. A few things I'd suggest thinking about:
- How much savings do you have set aside? If you've got enough to comfortably cover a higher deductible, it might make sense to pocket the monthly savings.
- Consider your driving history and local traffic conditions. Busy routes or accident-prone intersections might justify paying a bit more monthly for peace of mind.
- Also, some insurers offer deductible-lowering programs after accident-free periods. Could be worth checking if yours does something similar.
It's all about balancing your comfort level with financial practicality...
I feel this. I'm still pretty new to driving, and honestly, every intersection feels accident-prone to me right now, haha. I went with a lower deductible just because I don't trust myself yet, but I'm hoping to bump it up once I get more confident. Curious though, does anyone know if insurers actually reward you noticeably for staying accident-free, or is it more of a marketing gimmick?
