In an effort to spend as little as possible on Mexican car insurance some people opt for policies that come with variable deductibles. It’s easy enough to discern what a variable deductible is; it’s a deductible that varies depending on the value of a vehicle and other factors. In other words, this type of Mexican insurance auto feature is a big question mark. When buying Mexican car insurance at online Mexican Insurance Store that has variable deductibles, you won’t know right away how much you will have to pay when filing a claim. You won’t know what your share is going to be. You’ll save a little money, but it may not be a worthwhile trade off for you.
In the Dark
Saving money is great, but it’s not always worth it. With a variable deductible Mexican car insurance policy, you will trade in a lower price for a more confusing policy, especially if your car is worth more than $20,000. You probably won’t be involved in an accident while you’re in Mexico. However, if you are, you’re not going to be happy when it comes time to pay your Mexican car insurance deductible. You might be in for a rude awakening. With a fixed deductible Mexican insurance auto policy, you’ll know right from the start how much you might have to pay. It’s reassuring to have a clear idea about what your deductible is going to be.
Is it Worth It?
In some instances, buying Mexican car insurance online with variable deductibles may be worth it. That’s mostly true when it comes to older vehicles. The value of a vehicle plays a major role in how much you’ll pay. If your car has a really low blue book value and is pretty old, it may be worth it to get a policy that has variable deductibles. If your car is relatively valuable and not extremely old, though, you should always stick with fixed deductibles.
Making the Choice
When requesting quotes for Mexican car insurance online policies, you’ll often be presented with options for fixed deductibles and variable deductibles. At a glance, you’ll be able to see how much cheaper a variable deductible policy is. However, don’t rush into buying one. At the end of the day, you could end up paying a whole lot more. You need to have every possibility in mind when buying coverage. Operate with the assumption that you will have to file a claim at some point. With that in mind, you’re sure to find that a fixed deductible is the best choice.