Estimate deductible savings
Formula
Annual savings ≈ Current collision+comp premium × deductible-tier factor. Break-even years = (New deductible − Old deductible) ÷ Annual savings.
How to use it
- Find your current collision + comprehensive premium
- Get quotes at $500, $1,000, and $2,000 deductibles
- Subtract to find annual savings at each tier
- Divide the deductible increase by annual savings – that's how many claim-free years it takes to break even
Worked example
Going from $500 to $1,000 saves $180/year → break-even at 2.8 years claim-free.
Frequently asked questions
What is the most common deductible in Texas?
$500 and $1,000 are the most common. $250 is rare; $2,000+ requires substantial savings.
Can I lower my deductible later?
Yes, but doing so re-raises your premium immediately.
Guides and coverage behind this calculator
Repairs your vehicle after a crash – regardless of who's at fault.
Protects against theft, hail, vandalism, and animal strikes.
Why El Paso's unique weather makes comprehensive coverage worth more here than in most Texas cities.
Texas presumes the rear driver is at fault – but not always. Here is when the lead driver can be partially or fully responsible.
Plain-English explanation of how comprehensive and collision deductibles apply, and how to choose the right amount.
Increasing collision and comprehensive deductibles can cut premium 10–25%. Here's the math.
Every calculator lives in our El Paso insurance calculator hub. When you're ready for real numbers, compare auto insurance in El Paso or ask for a free policy review.
This calculator is for educational estimation only. For a binding quote, talk to a licensed Texas insurance agent or request a free quote.