Is it better to have a $500 deductible or $1000?
![Is it better to have a $500 deductible or $1000](https://globalcollisioncenters.com/wp-content/uploads/2021/06/Is-it-better-to-have-a-500-deductible-or-1000-980x445.jpg)
Your premiums are based on your deductible amount. I you are comfortable paying $1000 if you get in an accident and think you might have that on hand, then choose $1000 and pay less per monthly on your premium.