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Sagot :
In this situation, the insurance company will only be obligated to pay $2950 for the automobile repair.
The collision deductible is the sum that you agree to fork out before your insurance company begins to pay the balance of the approved costs to repair or replace your car.
Collision deductibles can occasionally be as low as $100 or $250, but most agents advise starting at $500 and going higher if you can.
Your auto insurance coverage can be strengthened by purchasing mechanical breakdown or car repair insurance. This kind of insurance, which is similar to a car warranty, pays for repairs if your automobile breaks down, needs new components, or develops other technical issues.
To learn more about collision deductible
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