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Break-Even Math · Free
Should you raise your auto deductible?
Raising your deductible drops your premium — but one fender-bender can erase years of savings. Run the actual break-even math used by underwriters.
Your policy
$
Typically 50–65% for financed cars, 30–45% if you only carry liability
Annual savings
$218
By moving from $500 → $1500
- Extra out-of-pocket per claim
- $1,000
- Break-even
- 4.6 years
- 10-year savings
- $2,180
Rule of thumb: only raise your deductible if (a) you have the new amount in cash today, and (b) you've been claim-free for 3+ years.
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