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For example, if your comprehensive coverage deductible is $1,000 and a hail storm causes $3,000 in damage to your car, an insurance provider would only cover $2,000 of the damage.
What Is a Car Insurance Deductible? Your deductible is your share of your vehicle’s repair costs after an accident. For example: If you must file a claim, and your deductible is $500 — and the ...
For instance, if your car's value has dropped to $25,000 but you still owe $30,000 on your loan, gap insurance would cover that $5,000 difference if your car is totaled or stolen.
The best car insurance company will vary based on your needs and circumstances, so consider an insurance company that offers coverage with cheap rates that suits your driving style and risk ...
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Here are some unexpected things covered by insurance. Some out-of-the-norm mishaps can happen to a vehicle when it isn't on the road that many drivers don't consider — until it happens to them.