It depends on your policy. You choose your deductible. I have seen collision deductibles as loww as $100 and Comprehensive deductibles with no deductible. Don't just look at the deductible. Very often you save enough money by choosing a higher deductible that it offsets the deductible difference.
Just to flesh out the above answer a bit more: your deductible can range from 0$ to $1000, typically. The higher your deductible is the lower your monthly premium payments will be.
While lowering your monthly payments by increasing your deductible is a popular cost saving method, it is not always the best idea. What you really should do is sit down with your finances (or financial planner if you have one) and figure out how much discretionary income you have each month. The reason you should do this is you have to figure out how much of a deductible you are comfortable paying in the even of an accident.
Even though it is nice to save $20 a month, if you have a serious accident and can't afford your $750 deductible it does not make any difference.
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While lowering your monthly payments by increasing your deductible is a popular cost saving method, it is not always the best idea. What you really should do is sit down with your finances (or financial planner if you have one) and figure out how much discretionary income you have each month. The reason you should do this is you have to figure out how much of a deductible you are comfortable paying in the even of an accident.
Even though it is nice to save $20 a month, if you have a serious accident and can't afford your $750 deductible it does not make any difference.
I hope this helps.