How much is your deductible? If your collision deductible is $500 and you have $600 of damage,
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How much is your deductible? If your collision deductible is $500 and you have $600 of damage, not reporting the claim might be appropriate. Remember, higher deductibles will reduce your insurance costs, but will also increase the amount you have to pay when a claim is filed. Be sure to set aside money for those situations.
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