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Automotive dictionary (encyklopedia)

Dictionary of terms and abbreviations for cars (automobiles), motorcycles (bikes),
bicycles, boats, engines, machines, machining and car fixing.

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Automobile insurance

A plan which a motorist can purchase for his vehicle which will offset the repair costs of a vehicle which has been involved in an accident. Some plans are offered by a government agency while others are run by independent agencies. All plans offer the basic coverage of property damage and public liability. Others offer extra benefits which cover glass damage, theft, vandalism, etc.
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Car Insurance FAQs #4

The appraiser who took care of my claim said I would be responsible for paying the deductible. What is a deductible?

A deductible is the portion of a claim you agreed to pay when you purchased your insurance policy. The deductible could be applied each time you have a claim on your auto policy.

How do I decide the amount of my deductible?

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