Car insurance companies determine their premiums based on risk of damages. This risk is determined not only by the riskiness of the driver but also the amount of the potential liability.

When drivers increase their deductible, this means that car insurance agencies will be liable for a smaller amount of the potential damages. For this reason, they often decrease the drivers’ car insurance premium as an incentive for the driver to increase his deductible.

If you have questions about your Chicago auto insurance, contact the Chicago auto insurance agents of Insure on the Spot at 888-972-7283.