Wealth & Finance


Understanding Deductibles and Premiums for Car Insurance

ByTiagoMay 14, 20245 min read

The cost of a policy’s premiums and deductibles are essential aspects of auto insurance. Making well-informed choices when choosing the right car insurance amount may be more accessible if you have in-depth knowledge of how each company works. What does a deductible mean on car insurance? The car insurance deductible is the amount you must pay before the company pays the balance. It’s like self-insurance, allowing you to divide the…