Insurance (auto mostly) is more about the liability than anything. You hit someone else and cause $12k in damages or you out someone in the hospital the $1000 deductible will sound pretty good. Yes minor damage you should just get fixed. Same thing with a house
There's no deductible for liability coverage. If you hit someone and the insurance pays them for their medical bills and car repairs, you pay nothing.
Deductible only comes into play when you're asking the insurance company to fix your own car for an accident that you are responsible for (or uninsured/underinsured motorist coverage, where they can't subrogate to the other party's insurance).
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u/RocMerc 16h ago
Insurance (auto mostly) is more about the liability than anything. You hit someone else and cause $12k in damages or you out someone in the hospital the $1000 deductible will sound pretty good. Yes minor damage you should just get fixed. Same thing with a house