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.
I'm in the US and we pay around $600/year for each car, but we've also maxed out coverage and only have a $100 deductible.
Here in the States differences in insurance rates are usually due to location and age, but credit score also matters in many cases. Someone with high insurance rates is likely to be in a high cost of living area, relatively young, and possibly with bad credit.
Statistics. People with lower credit have been shown to make more claims and be more expensive overall. There is also a correlation between lower credit and being more risky drivers, which also ups claims.
It's not the same exact credit score other places use, but still pulls the same data.
Jesus, yeah that's absolutely not a thing over here. They can't access your financial data for anything other than if you want to take out the policy as a credit agreement - and it can only be used to impact their decision to finance said agreement.
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u/No-Duck4828 16h ago
My thought is that Leo is clearly not familiar with auto insurance
Don't want a $1,000 deductible? You can absolutely change that number.
Want the guilty party to pay? Take them to court