noun
1.
A Deductible is the amount of money a policyholder must pay out of pocket before any insurance payments are made. For example, if repairs to a personal vehicle cost $1,000, but the Deductible on that Policy is $500, the policyholder must pay $500 toward the repairs before the insurance company covers the other $500.
Having at least a basic insurance plan is essential for anyone. It's important to figure out what insurance plans you need and what works best for you and your family.
Whatever your relationship with your car, it may eventually come time for a new one. Familiarize yourself with your options.
Concerns over identity theft continue to grow, especially with data breaches at major companies and financial institutions.