What is a deductible?
Deductible: A deductible is the amount you pay out of pocket on a covered insurance claim before your insurer pays the rest.
In auto insurance, deductibles usually apply to collision and comprehensive coverage. Liability coverage, which pays for damage you cause to others, typically has no deductible.
Choosing a higher deductible often lowers your premium, but it means paying more yourself if you file a claim.
When you compare offers
Pick a deductible you could comfortably pay on short notice, and compare quotes with the same deductibles.
Related guides
- How to Compare Auto Insurance Quotes Fairly
How to compare auto insurance quotes apples-to-apples, covering coverage limits, deductibles, common rating factors and discounts.
This glossary is for general educational purposes and isn't financial, legal or insurance advice. Lendara is not a lender and does not make credit decisions. Lendara is a free online marketplace that connects you with participating lenders and providers, who set their own eligibility rules, rates, fees and terms. Lendara may receive compensation from partners, which may affect which offers appear and their order.