If all your going to save is $60 I would pay out of pocket the full amount. I am an insurance agent and can tell you if you use the comp. ded. you will loose claim free plus have a comp caim on your record for 3 years. Your premium will go up and you will end up paying a lot more that the $60.
If you had full glass ($0 ded) then i would use it, but with a $500 ded pay it out of pocket!
just trying to help you out!