What is a deductible and when is it due?

A deductible is a specified amount on an auto insurance policy that is deducted from the claim payout. It is a contractual responsibility of the vehicle owner when involved in a collision or comprehensive loss. Most deductibles range from $100 to $500.

The deductible is due at the end of the repair when you pick-up your vehicle.

If you request a parts pre-order, and the claim has not been approved, you may be required to sign an authorization of repairs and/or leave a deposit.

By | 2017-01-23T18:02:33+00:00 October 31st, 2016|Comments Off on What is a deductible and when is it due?

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