When you purchase car insurance, one of the decisions you will need to make is on the amount of your deductible.But what is a deductible? A car insurance deductible is the amount of money you have to pay toward repairs before your insurance covers the rest..
What is a car insurance deductible? A car insurance deductible is what you pay to repair your car if you have an accident or claim. That means if you have a $500 deductible and $1,500 in damage—you pay $500 and your insurer pays the rest.
Most drivers know that their deductible is an amount they must pay towards a claim before their insurance company pays. However, it is a common misconception that the deductible must be paid every time a claim is made.
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Most states require bodily-injury liability insurance to cover medical treatment, rehabilitation and funeral costs incurred by your own passengers, other drivers, their passengers and even injured ...
Why is car insurance needed? Your car needs more than just fuel and maintenance. A car insurance policy is a crucial factor which ensures the flawless upkeep of your precious vehicle.
Car insurance is a type of insurance policy that efficiently takes care of expenses arising from unfortunate events, such as an accident, theft, and any third-party liability.