Car Insurance Deductibles Explained
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Car Insurance Deductibles Explained
Sep 27, 2021
progressive.com
What is a deductible? Our licensed insurance agent Lorien explains what deductibles mean for both your home and auto policies. It’s simpler than you might think. www.sonnet.ca/blog/home/insurance/what-is-a-deductible | Sonnet Insurance | Facebook
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Car insurance companies typically charge a deductible when you have an accident. It's a way for their customers to have some skin in the game. If the repairs don't exceed the deductible, you're basically paying for the repair yourself. Depending on the company and situation, they may also raise your premium. Got to love insurance right? #personalfinance #finance #money #insurance
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