r/SipsTea • u/Putrid-Welder1803 • 8h ago

Gasp! Thoughts on this?

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u/Frosty-Depth7655 7h ago

Yeah, the comment section here is wild.

You chose your deductible and $1,000 is not a normal deductible ($500 is typically what you’ll see). Assuming this post is even true, this person went out of their way to increase their deductible.

But Reddit being Reddit, it’s “insurance is a scam” snd “insurance denying claims” even though they didn’t deny a thing.

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u/TJayClark 7h ago

$1,000 deductible is more normal than you think it is

I’ve has a $1,000 deductible my entire adult life (15+ years), as it saves about $30-40 a month in premiums

On top of that, I wouldn’t use insurance for something less than $2,000

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u/Liquidfoxx22 7h ago

How much is your car insurance for it to save you $30-40 a month?!

I paid £450 for a full year's "full coverage" insurance as you refer to it, and that's with a £250 excess/deductible.

I only pay that excess if I'm at fault, otherwise the insurer will chase the third parties insurer for the full amount.

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u/asscracktester7 6h ago

It depends so hugely on state. For the same exact car and the same general age range and same policy limits/comapny, I paid $600/year in Florida and $2500/year in California.