The terminologies surrounding car insurance can be a bit confusing if you don’t know what they mean. One of the most important words you will come across is “deductible”. Even if you don’t understand much, this is one term that is absolutely crucial to choosing your car insurance. Simply put, deductible is the amount you … Read more
Many people increase their car insurance deductible in order to get more affordable car insurance premiums. By doubling your insurance deductible, you can reduce the cost of your premium by up to 40%. However, this is only a good idea if you have money set aside to pay the deductible in case you are at … Read more
A deductible is any expense in any insurance policy that the policyholder has to pay out of pocket before the insurer steps in to pay for the expenses. It is also used to describe any clause that is used as a policy payment limit. There are actually two types of such clauses in a car … Read more