Several factors can cause your car insurance premiums to increase. Here’s a breakdown of the most common reasons: 1. Changes in Your Driving Record Accidents: Even minor accidents can hike your rates, as insurers see you as a higher risk. Traffic Violations: Speeding tickets, running red lights, and other citations make you look like a less responsible […]
Uncategorized
$500 Deductible Car Insurance Meaning
A $500 deductible on car insurance means you agree to pay the first $500 of any covered repairs resulting from a claim before your insurance company begins to provide coverage. Here’s a breakdown of what a $500 car insurance deductible means: The Basics Deductible: The amount of money you agree to pay out-of-pocket before your insurance […]
What Is a Deductible In Car Insurance?
Here’s a comprehensive explanation of what a deductible is in car insurance: What is a Deductible? Your Share of the Repair Cost: A deductible is the amount of money you agree to pay out-of-pocket when you file an insurance claim for damages to your car. Your insurance company covers the remaining costs, up to your policy […]
