Increasing the deductibles on your auto policy is an easy and effective way of reducing your car insurance premiums. You can also increase your collision deductible to $500 to enjoy a 15% discount on the collision premium. If you increase the comprehensive deductible (fire, theft or vandalism) to $250 you can get up to 15% discount on the premium for this protection. It’s an easy way to save on your auto insurance premium especially if you have always had a good driving record! However, before you consider this option we recommend that you review your needs carefully because if you make a claim, higher deductibles means you will have to pay more out of your own pocket.
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