How to Use A Car Insurance Deductible in an Advantageous Way
LOS ANGELES, June 22, 2017 /PRNewswire-iReach/ -- Lowcostcarinsuranceprice.com has released a new blog post explaining how to use an auto insurance deductible in an advantageous way.
An auto insurance deductible represents the amount of money that the client has to pay before he/she can claim benefits for an accident. Sometimes, it is better to use the deductible to pay for damages instead of filing a claim.
The newly released blog post highlights a situation where drivers can get benefits and their deductible back:
"In some cases where another driver is at fault for the accident you may wish to file a third party claim against their property damage coverage. Under these circumstances your insurer may pursue a process called subrogation to recoup the amounts they have already paid. In the process they may also help to reclaim any amount that you paid through your deductible. So, in the end, you will recover the paid money and will avoid having your premiums increased due to the claim."
High deductibles means paying less on auto insurance
A policy that carries a high deductible costs less. This is because the driver chooses to take a bigger part of the accident expenses. A high deductible can help drivers save money in the long term, provided that they do not cause an accident or damage their vehicles in any other way.
Drivers can see how much of a difference a high deductible makes by comparing online car insurance quotes. http://lowcostcarinsuranceprice.com offers excellent price information from agencies in an area. Drivers can review and compare multiple plans in just a few minutes by entering their ZIP code.
"A high deductible will help you save more on car insurance," said Russell Rabichev, Marketing Director of Internet Marketing Company.
Lowcostcarinsuranceprice.com is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
For more information, please visit http://lowcostcarinsuranceprice.com.
Media Contact: Russell Rabichev, Internet Marketing Company, 800.475.3410, russell@internetmarketingcompany.biz
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SOURCE Lowcostcarinsuranceprice.com
