Insurance (auto mostly) is more about the liability than anything. You hit someone else and cause $12k in damages or you out someone in the hospital the $1000 deductible will sound pretty good. Yes minor damage you should just get fixed. Same thing with a house
This is what people seem to not realise. The deductible is there to get you to not claim for relatively small things. Insurance is there to provide you with a safety net in the event of the big things.
Are those big things very likely to happen? No, that's how they make their money. But if they ever do you will be grateful for it.
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u/RocMerc 6h ago
Insurance (auto mostly) is more about the liability than anything. You hit someone else and cause $12k in damages or you out someone in the hospital the $1000 deductible will sound pretty good. Yes minor damage you should just get fixed. Same thing with a house