In auto insurance, What exactly is the “Deductible” And how beneficial, or critical is it?
deductible is how much money you have to pay if something happens to your car. You usually get the choice of none, 500, or a thousand. say for instance you pick 500 your insurance isn’t as high as it would be if you didn’t have a deductible but if u get in an accident although your car is covered you still have to pay 500 dollars towards it.
