What is a deductible?

A deductible is an amount you have to pay out of the total damage to your own car if you have comprehensive or collision coverage and you have a claim. For example, your favorite team wins a championship and some revelers dance on top of your car and dent your hood. If it costs $950 to replace it and your deductible is $500, then you would need to pay $500 and we would pay the other $450. 

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