Different coverages can have different deductibles
Collision, comprehensive, all perils, specified perils and DCPD can have separate deductible arrangements.
Higher deductible can lower premium
FSRA notes that increasing a deductible can reduce premium, but increases the amount the insured may pay on a claim.
Compare actual dollars
The annual premium difference should be compared with the additional out-of-pocket exposure.
Do not raise a deductible beyond what you could realistically pay
Affordability at claim time matters.
Ontario-specific educational summary. Your actual rights and coverage come from the Insurance Act, regulations, the current Ontario Automobile Policy (OAP 1), your certificate, endorsements and the facts of the claim. Do not change coverage based only on a general web article.