Understanding auto insurance, especially deductibles, can be confusing. To select the best car insurance and ensure you’re covered with a policy you can afford, you’ll need to decide what your deductible should be. To make the best choice, you need to understand what deductibles are, what the average deductible is, and what all this means for someone living in Texas.

What Are Deductibles?

A deductible is the amount you have to pay before your insurance starts paying. It’s an upfront expense you’ll pay whenever you file a claim with your insurance provider. The deductible is agreed upon when you purchase your insurance policy. The average deductible for auto insurance in Texas is $500. You are generally choosing a higher deductible, which results in a lower premium.

How Do Deductibles Work?

If you have a $500 deductible on your insurance policy and get into an accident that requires $1,500 to fix your car, you’ll pay $500 for repairs, leaving $1,000 that your policy would cover. If you have a higher deductible, you might end up paying for all the repairs yourself before insurance coverage begins. Sometimes, you can choose what your deductible will be. Other times, the deductible is based on factors such as your vehicle’s value and driving history.

Why Partner With EasTex Insurance?

At EasTex Insurance in Tyler, TX, we offer a wide range of insurance options. We can help you select the right insurance for your individual needs and guide you through the process of figuring out the best deductible that will suit your budget. Contact an agent serving Tyler, TX, for more information.