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Deductible car insurance is insurance that includes a deductible. The deductible is a sum of money that you are ready to give out of your pocket when the accident happens. Car insurance deductible is a tool that can lower insurance rate. It works a very simple. As a client accepts to cover a part of expenses independently, he automatically reduces the rates.

There are some common questions that are frequently asked. Here are the answers.

Is car insurance tax deductible?

There exist cases when car insurance is tax deductible. For example, if you use a car for business, then coverage is tax deductible. The same happens when you use car both for business and pleasure.

What happens if you don’t pay your insurance deductible for your car?

If you don’t pay your insurance deductible for your car, then an insurance company won’t finance a claim.

More and more Americans nowadays are applying for deductible car insurance. There are two types of deductible: higher and lower. They differ only with the sum you will have to pay in the case of an accident and the insurance rate.

Both online and local insurance companies offer this type of coverage.