Car Insurance Deductible Geico. A collision deductible waiver, or cdw, (also known as a collision waiver of deductible) is coverage you can buy as part of your. Geico classic car insurance policies also provide up to $500 for spare parts, and you can add more spare part coverage for an additional cost.
Raising your deductible to at least $1,000 will lower your monthly insurance bill. A deductible, however, only applies to specific insurance coverage options. You get a diminishing deductible as part of the superior auto coverage level from safeco car insurance.
