 what's a deductable?, talking about insurance here |
 Oct 13, 2005 - 9:15 AM
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 Enthusiast  Joined May 16, '05 From Toronto, Ontario Currently Offline Reputation: 8 (100%)  |
um.. yea can someone explain to me what it means when you insurance policy has something like... a $500 deductable? i don't really get it...
yea.. this is a retarded question -------------------- |
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Oct 13, 2005 - 10:38 AM
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Enthusiast Joined Apr 25, '03 From Miami, FL Currently Offline Reputation: 9 (100%) |
I don't know too much about insurance or their terms, but I have full coverage($72/month
 ) and there's a $500 deductible. In the case that you're in an accident and something happens to your car that will cost you more than $500 to fix, you give $500 to your insurance company and they'll pay for the rest. I think it's retarded since we're paying the insurance every month, but whatever. I would probably do the same in their shoes. So yeah. That's my understanding of what a deductible is.
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Posts in this topic
elvasoshexai what's a deductable? Oct 13, 2005 - 9:15 AM
elvasoshexai so what happens if it cost 500 or less to fix? Oct 13, 2005 - 11:24 AM 95gtschick then you pay for it
I always go with a $200... Oct 13, 2005 - 11:42 AM elvasoshexai ooh icic thanks! hah Oct 13, 2005 - 11:44 AM 95gtschick no problem! Oct 13, 2005 - 11:46 AM azian_advanced yah.. i had mine at $200 but now at $100 Oct 13, 2005 - 12:03 PM 95gtschick QUOTE(azian_advanced @ Oct 13, 2005 - 12:03 P... Oct 13, 2005 - 1:42 PM
blu94gt yeah I took mine down to $100, it costs me li... Oct 14, 2005 - 1:05 AM |
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