LogFAQs > #979419048

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Topicwhat is a deductible (insurance)
wackyteen
03/17/24 3:37:24 PM
#10:


It's basically a way for them to get out of having to pay out for minor damages/claims.

a higher deductible means a lower monthly/overall policy cost, however that also means you need to keep enough money to cover your deductible at all times if you don't want to be fucked in the event something happens.

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