How to Choose the Best Car Insurance Company for Your Needs
A deductible is the amount you generally pay toward a covered claim before the insurer pays the covered portion, subject to the policy.
For example, if a covered claim results in $10,000 of eligible damage and your applicable deductible is $2,000, you could generally be responsible for the first $2,000, with the insurer potentially paying the remaining covered amount according to the policy.
Some policies can have different deductibles for different types of losses, including certain wind, hail, hurricane, or other catastrophe-related claims.
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