What Does A Deductible Mean In Car Insurance?
- 16470 POINTSview profileDavid OsgoodAgent, Rural Mutual Insurance Co., Union Grove, WIThe deductibles that are part of an auto insurance policy are typically part of the collision and the other than collision coverages. Your deductible amount is the dollar amount that you choose to be responsible for in the event of a claim for one these coverages. The insurance carrier will subtract your deductible from the amount of the claim to be paid.Answered on October 14, 2013flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.