DYK:  You pay your Deductible?  –by Solo Insurance®

Here are some things to know about deductibles when deciding what auto policy to buy.

A deductible is the amount you pay before the insurance company will pay to repair your vehicle or home.  A higher deductible generally means a lower cost for the policy, but it also means you’ll have to pay more out-of-pocket if you have a claim.   Sometimes a higher deductible saves a significant amount but not always.  Check the difference in premium before you assume.  Be aware of Home deductibles too; they’re often a percentage.  Calculate out the percentage so you know what you’re up against if you ever need to use it.

DYK???  Now you do!