Diminishing Deductible Auto Insurance

You do what you can to stay safe on the road, but accidents happen. And if they do, the last thing you want to do is pay hundreds — if not thousands — of dollars for your deductible to repair your vehicle.

We understand the financial setbacks the unexpected can cause. That’s why we’re offering Diminishing Deductible as a new feature you can purchase for all types of vehicles:

• Auto
• Cycle
• Boat
• Camper or motorhome
• Other miscellaneous vehicles, such as snowmobiles

With this coverage, we’ll credit (lower) your deductible to help you better prepare for the out-of-pocket expenses if you have a claim. Our Diminishing Deductible rewards you for being a safe driver by crediting your deductible $100* each year up to your policy maximum. It’s one of the ways we give you control over what you pay.

So how does it work? It’s simple! We’ll walk you through so you know exactly how you can benefit from our auto insurance with Diminishing Deductible.

How do diminishing deductibles work for auto insurance?

We’ll start with the basics. For certain coverages, like collision and comprehensive, you’ll select a deductible. A deductible is a set amount of money (typically ranging between $500 to $2,000) you’ll pay out of pocket before your insurance kicks in to cover the repairs or replacement costs if you file a claim.

At American Family Insurance, we know that a deductible isn’t always the easiest thing to pay after an accident. But with our Diminishing Deductible, we hope to ease that burden by offering a way to reduce your collision and comprehensive deductible amount.

Let’s take a closer look.

Earn Credit Immediately

We’ll credit your deductible $100 from day one.* Let’s say you have a $500 deductible. Good news — it just dropped to $400.

Watch Your Deductible Diminish

Your deductible will continue to reduce each year at policy renewal, up to your policy’s maximum limit, as long as you maintain your policy with us.

Savings When You Need It

If you have a claim, you’ll pay a reduced deductible amount thanks to your Diminishing Deductible coverage. Your deductible then resets, so you’ll go right back to earning a reduced deductible amount.

Why choose American Family Insurance?

Not only will you save money for being a safe and responsible driver, you’ll also be in great company. Join the many American Family Insurance customers who decided to take control of what they pay by opting into our Diminishing Deductible program.

Absolutely.

Consider this:

• When you have a claim, you’ll pay less out of pocket thanks to Diminishing Deductible.
• Your deductible will continue to reduce each year at policy renewal, up to your policy maximum.
• You'll begin earning a lower deductible immediately. Depending on your deductible amount, you could reach a point where you pay nothing out of pocket towards your deductible.

Start Saving with Diminishing Deductibles for Auto Insurance Today

When you insure your vehicle with American Family, you don’t just gain a piece of paper with your policy — you gain extra protection and peace of mind. Our Diminishing Deductible is designed to ease some of the stress that comes with the claims process — specifically the out-of-pocket expenses.

Connect with your American Family Insurance agent to find out more about our Diminishing Deductible and how its immediate earning benefits can help you financially protect what matters most. Interested in Diminishing Deductible coverage for your home insurance? We have that too! Learn more about our home insurance Diminishing Deductible.