0
I'm going to assume you mean a lower or higher comprehensive deductible.
A deductible is the portion of the claim that you are responsible for. If the amount of damages comes to $1000 and your deductible is $250, the insurance company will pay $750 and you will pay $250.
There are a lot of things to take into consideration. Can you afford a lower deductible as this will mean that your rates will be higher? If you choose a higher deductible and there is a loss will it be hard for you to come up with the amount of money it will take to pay the deductible? Also, do you live in an area that is prone to comprehensive claims? Are there lots of heavy storms with hail that may cause damage to your vehicle? Do you live in an area with lots of flooding? Do you live in an apartment complex where your vehicle might easily be vandalized? Do you live in a rural area where there are lots of deer hits?
What else can I help you with?
How can comprehensive car insurance be cheap?
Comprehensive car insurance can be cheap by having a higher deductible, getting any available discounts from your insurance carrier, or having a lower amount of coverage. You can also have cheap comprehensive insurance by having a less expensive car.
Is higher or lower coinsurance better for my insurance coverage?
A lower coinsurance rate is generally better for your insurance coverage, as it means you will have to pay less out of pocket for medical expenses after meeting your deductible.
What is better a higher or a lower percentage?
If you are receiving interest on an assett, a higher interest is better. If you are paying interest on a debit, a lower interest is better.
With the mean absolute percentage error is a higher or lower number better?
The lower the better
What factors might help a person get low car insurance rates?
Your age (younger individuals have higher premiums) , driving records (better to have fewer points on licence) and no-claims all lower your insurance rates but cannot necessarily be controlled. However, paying a higher excess can lead to a lower premium, installing security systems and level of cover can also lower premiums. Your postcode (lower crime rates), mileage (lower mileage) and (private) parking also affect insurance rates.
Is a GPA better if its higher or lower?
Higher. 4.0 is the best.
An insurance policy with a higher premium most likely has?
a lower deductible
Is a higher or lower root mean squared error better?
A lower.
A material with a higher or lower R-value is a better insulator?
Higher
Is higher definition better than lower definition LCD 1920X1080 300?
Yes, the Higher the Better.
Is it better to have a high or low mean absolute deviation?
Lower
What are the benefits of choosing bespoke life insurance over standard life insurance options?
Bespoke life insurance offers personalized coverage tailored to individual needs, providing more flexibility and customization compared to standard options. This can result in better protection, more comprehensive coverage, and potentially lower costs in the long run.
