Car insurance deductible | insurance - Auto Insurance Quotes

Auto insurnace news article:

When choosing a car insurance deductible it is important to consider all the risk factors. Since all cars must have some type of insurance, there are a few points to consider with auto insurance policy. Getting a higher car insurance deductible may seem like a good idea but it?s important to review your driving history and past accidents since you will have to pay out of pocket for every claim. This can be very costly if you have a couple of accidents in a short period of time. Things to consider when choosing a car insurance deductible are who is going to be on the policy, number of accidents, type of car, age of your car and your overall budget.

What is Insurance Deductible

One of the deciding factors when purchasing insurance is how much is the insurance deductible. In the case of car insurance all states require some type of insurance. The insurance deductible is based on many factors. It?s important to understand that an insurance deductible is the amount that the insurance policyholder has to pay before the insurance agency will pay on the policy. Since insurance is all about risk it is important to assess whether to have a higher insurance deductible which would save your money but you need to have that deductible amount available in case you have to pay the insurance deductible.

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Source: http://autoinsurancequotesus.com/car-insurance-deductible

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