I’ve tried to crunch the numbers a few times, but honestly, there’s no perfect formula. I just look at my savings—if I can cover the higher deductible without stressing, I’ll risk it. Otherwise, I keep it lower. It’s really just about your own comfort level and how much you drive.
I get where you’re coming from, but I’ve been burned before with a high deductible. One accident and it wiped out my emergency fund. Now I just stick with the lower one, even if it costs a bit more. Maybe I’m just unlucky, who knows.
I hear you on that—one big claim and suddenly the “savings” from a high deductible don’t feel worth it. I tried the higher deductible route for a couple years, thinking I’d just drive extra careful, but then a deer had other plans for me. Ended up paying way more out of pocket than I’d saved. Since then, I just budget for the slightly higher premium and sleep better at night. Sometimes peace of mind is worth the extra bucks, even if it stings a little each month.
Sometimes peace of mind is worth the extra bucks, even if it stings a little each month.
Yeah, I totally get that. I tried the high deductible thing too, but honestly, I was just stressed every time I drove—like, “What if something random happens?” It’s not just about how careful you are. There’s so much you can’t control out there... animals, weather, other drivers. I’d rather pay a bit more monthly and not have that worry hanging over me.
Honestly, I hear you. I tried to convince myself the savings were worth it, but every time I saw a deer on the side of the road or got caught in a hailstorm, my stomach would drop thinking about that huge deductible. It’s just not worth the anxiety for me either. Sometimes paying a bit more for that “just in case” feeling is the smarter move, even if it means cutting back elsewhere. Peace of mind isn’t overrated.
