Liberty Mutual Deductible Fund®

Lower your collision deductible by $100 per year.

The Liberty Mutual Deductible Fund® Helps You Pay Less Out-of-Pocket
We understand that paying a car insurance deductible is the last thing on your mind following an accident. Thats why we offer the Deductible Fund, an optional policy feature that helps pay your collision deductible, reducing your out-of-pocket expense when there's a collision claim involving any vehicle on your policy.

You Could Lower Your Collision Deductible Every Year
When you add the Deductible Fund to your policy, Liberty Mutual will immediately deposit $100 into the fund to get it started. An additional $100 is added for every year you keep the Deductible Fund on your policy, reducing your collision deductible even further. Even if you are involved in an accident, you will never stop earning money for your Deductible Fund and you may eventually completely eliminate it altogether.3

lower collision deductible infographic
What are the Benefits of the Deductible Fund?

  • Potentially eliminating your collision deductible altogether.
  • Decreasing the amount you will have to pay to cover your policy's collision deductible.
Auto Insurance Deductibles Explained
An auto insurance deductible is the initial amount you are responsible for paying when there is covered damage to your vehicle. For instance, if your deductible is $500 and the cost of damage is below this amount, you would be responsible for paying the total cost of the repairs. If the cost of damage is above $500, you would be responsible for paying the initial $500 and Liberty Mutual will cover the remaining amount. In the event of a total loss, you will receive the appraised value of your vehicle, minus the amount of your deductible.

Frequently Asked Questions:
What if there are multiple vehicles on my policy?
Adding the Liberty Mutual Deductible Fund® to your auto policy covers every vehicle with collision coverage.
Is there a limit to the amount of Deductible Fund dollars I can earn?
There is no limit. This allows you to carry forward any excess savings to the next policy year.

Does my deductible change once I have an accident?
No, not for the current policy year. Even if you have multiple accidents, you pay the lower deductible for the full current policy year.
Do I have to be accident-free to qualify?
No, the Deductible Fund is open to everyone, regardless of your driving history.

Experience the benefit of adding Deductible Fund to your auto insurance policy by starting a free quote.

Get an Auto Insurance Quote

1 Optional coverage. Applicable for collision coverage only; subject to the terms and conditions in your policy. Not available for Limited Collision coverage. Available in AL, AR, AZ, CO, CT, DC, DE, GA, HI, IA, ID, IL, IN, KS, MA, MD, ME, MI, MS, MT, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV, and WY.

2 For illustrative purposes only. Subject to the number of covered collision claims and terms and conditions of your policy. Deductible Fund value is non-transferable and terminates upon non-renewal or cancellation of the endorsement.

3 In NY, deductible amount will not reduce below $100.