Examples Of Deductibles

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How do deductibles affect your premium? Deductible Getting insurance should be easy right I mean you just give them your vin number and your driver’s license right? Well what about when they ask you here in Chicago how much would you like your deductibles to be? Well let’s start by saying this a deductible is actually what you are paying out of pocket to cover a expense. Example well let’s say you have full coverage insurance and your deductibles are $500, well then if you were to get in to an accident and your car costs $1300 to fix you would only have to pay $500 and your insurance company would pay for the rest. You can always get cheaper insurance and a higher deductible but then remember if you get a deductible of $1000 then if your car

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