Many people are familiar with the concept of deductibles in the context of health insurance. But if you’re new to buying auto insurance, you should know that paying a deductible is something that will come into play every time you file a claim against your policy.
A car insurance deductible is a sum of money you’ll have to fork over before your insurer pays out on a claim. Progressive says that car insurance deductibles generally range from $100 to $2,000, and that the most common…
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