A car insurance deductible represents the amount of money that you have to pay out of your own pocket whenever you make an insurance claim. They are usually a fixed amount, but in some cases, they ...

If you file a comprehensive or collision claim for damage to your car, your insurance company is going to deduct a certain amount from your claims check. That’s called the insurance deductible ...

A car insurance deductible is the amount you'll have to pay out-of-pocket before coverage kicks in. Choosing a high deductible will lower premiums, and a low deductible will raise your premiums.

The best deductible amount for car insurance depends on your needs. Data from Liberty Mutual shows that $500 is the most common deductible, but you may prefer a higher one if you prioritize low ...

Are you paying too much for car insurance? Watch for these three red flags that could mean you have more coverage than you need.

Gap insurance is designed to cover the difference between your vehicle’s actual cash value (ACV), which your full auto policy will cover, and the amount you owe on your car loan or lease.

A deductible is an amount you pay before your insurance kicks in. Here’s how health insurance deductibles work and why policies have them.

Once the amount you owe is less than what your car is worth, you can cancel it. Gap insurance generally costs between $50 and $250 per year to add to an insurance policy. What you'll pay depends on ...

However, if you owe $10,000 on your loan and your car is worth $5,000, gap insurance may be a worthwhile purchase to prevent your needing to find the extra $5,000 out of pocket to repay your car loan.