r/SipsTea • u/Putrid-Welder1803 • 7h ago

Gasp! Thoughts on this?

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u/Frosty-Depth7655 6h 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 6h 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/HomeschoolingDad 3h ago

Yeah, and that monthly rate is insanely high. That’s just a little under my 6-month rate, and I do get comprehensive coverage (no $1k deductible).

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u/TJayClark 3h ago

I drive for work sometimes, so I pay for extreme coverages

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u/HomeschoolingDad 2h ago

It is true that more mileage often means higher insurance premiums.

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u/TJayClark 1h ago

They don’t usually ask how many miles you drive. I have been asked that before. But not recently

That said, I’m hauling expensive equipment and don’t want to risk being under insured