How Insurance Deductibles Work | The 4 types and most common deductibles for Home and Auto

In this video I explain what the 4 types of deductibles are and what are most common. This will cover Auto and Home insurance.

#deductible #cardeductable #homedeductible #carinsurance

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Please comment below with any questions you may have.

Disclosure: Please consult your agent before making any changes you feel you are not knowledgeable with. Due that the laws being different in each state, I am not responsible for any changes or updates that may have occurred after the making of this video.

[adonijah]

Thank you for clarifying and giving perspective.

[carolyn]

thank you your explanation was very understandable

[patrickgregory-googleadtip]

Hi Mark! Thank you very much for the knowledge you share.

[vLife]

if Gieco's site say estimate is ready but has this footnote "The estimated repair cost includes your deductible".. do I need to subtract my deductible to see what amount the check will be for?

[JamieR]

A $100 deductible!? Seems low?

Seems like you should save up a couple bucks in your emergency fund?

How common are accidents? I'd LOVE to see some statistics, especially on the chance to have an accident that exceeds a 100/300/100 coverage