Glossary / General

deductible

9 Episode Mentions

Too Afraid to Ask

A deductible is the amount you have to pay yourself before your insurance helps with the rest. For example, if you have a $250 deductible, you pay that amount first if something goes wrong.

Technical Definition

A deductible is the amount of money a policyholder must pay out-of-pocket before an insurance company will cover the remaining costs. In this case, it refers to the cost the owner would pay before the warranty kicks in.

Hear It Discussed

"if something does happen to it rather than scrounging for thousands of dollars for a repair, they just, there's no deductible from with most of our plans, they just get into their rental vehicle,"
The Pay Cut Ultimatum: How One BMW Store Flipped VSC Penetration (+ the 0% Solution for Cash Buyers) | Industry Spotlight Car Dealership Guy Podcast 11:22

"But if you do, you're not coming out of pocket for anything other than the deductible if it is a covered repair."
2026 Mazda CX-50 Hybrid Test: Effiency & Fun to Drive Too? America on the Road 33:35

"...I did go to my insurance company, and they took care of the repairs, but then I had like this deductible that I had to pay..."
Diminished Value & Loss of Use: Protecting Your Investment with Steve Calamusa Porsche Club Insider 20:12

Cars Known For This

Chevrolet Cruze Dodge Charger Jeep Grand Cherokee Mercury Cougar Tesla Cybertruck Chevrolet Corvette

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