Car Insurance Deductible

Car insurance deductibles explained.

Car insurance deductible. When you have an accident your car insurance. Picking your auto insurance deductible is a highly personal decision. It usually applies to comprehensive and. What is a car insurance deductible.

It s one of the most common car insurance questions and may be the easiest to answer. The car insurance deductible is the amount you re required to pay when you make a claim on your policy. What is a deductible. Because a deductible is the part of a claim that you pay in those worst case scenarios finding the right level for you is essential.

You will pay 500 your car insurance company will pay the remaining 2 500. For instance if you have a 500 deductible and 3 000 in damage from a covered accident your insurer would pay 2 500 to. What is a car insurance deductible. A deductible is the amount of money that you are required to pay out of pocket before your expenses are paid on a claim.

If you are in an accident and you have. Having insurance is about protecting yourself against risks and worst case scenarios. An auto insurance deductible is what you pay out of pocket on a claim. It depends on your personal comfort level and the amount of risk you are willing to take.

A car insurance deductible is the amount of money you have to pay toward repairs before your insurance covers the rest. Let s say you re in an accident that causes 5 000 worth of damage to. A car insurance deductible is the amount that you pay out of pocket before your insurance provider covers damages after an accident or other event. 3 000 of damage to your vehicle.

In other words it s the amount you agree to contribute toward the cost of a claim with the insurer covering the remaining amount. The insurance company pays the remaining 2 500.