Car Insurance Deductibles: What Are They & How Do They Work?

A car insurance deductible is the amount of money a policyholder has to pay out-of-pocket towards a car accident claim. It is the amount you have to pay following an accident before your car insurance coverage kicks in. Unlike health insurance claims, car insurance does not require you to pay an annual deductible. Instead, you have to pay the deductibles on a per claim basis, i.e., every time you file a claim. In this guide, we will examine the different types of car insurance deductibles Read More