TRENDING NOWSmriti IraniRavi Shankar PrasadPiyush GoyalAzim PremjiRBI Repo rateNarendra Modi CabinetRajnath Singh Defence MinisterNirmala Sitharaman Finance MinisterAmit Shah Home MinisterAnil AmbaniBCCIBSPPOPULAR CATEGORIESMarkets Live !Lok Sabha PollsSunday ETDefencePodcastET ExplainsHOT ON WEBSensex TodayElection 2019Stock market crashGSTRupeeAadhaar CardRBIHow to save Income TaxCurrency ConverterIncome Tax CalculatorIN CASE YOU MISSED ITNEFT, RTGS payment chargesATM transaction chargesRBI Policy MeetAjit DovalNarendra ModiDHFLArun JaitleyAmit ShahMutual FundsRepo RateRBI policy full textITR filing deadline extendedCar insurance premium hikeRBI repo rate cutET VERTICALSAuto NewsRetail NewHealth NewsTelecom NewsEnergy NewsIT NewsReal Estate NewsMarketing & Advertising NewsTechnology NewsCFO NewsIT Security NewsMORE FROM OUR NETWORKइकनॉमिक टाइम्सઈકોનોમિક ટાઈમ્સPune MirrorBangalore MirrorAhmedabad MirrorItsMyAscentEducation TimesBrand CapitalMumbai MirrorTimes NowIndiatimesमहाराष्ट्र टाइम्सವಿಜಯ ಕರ್ನಾಟಕGo GreenAdAge IndiaEisamayIGN IndiaNavGujarat SamayTimes of IndiaSamayam TamilSamayam TeluguMiss KyraBombay TimesFilmipopGames AppMX PlayerOTHER USEFUL LINKSAbout UsSubscribe to ET PrimeBook your Newspaper SubscriptionCreate Your Own AdAdvertise with UsTerms of Use & Grievance RedressalPrivacy policyContact Us
© 2019 comparethemarket.com. All rights reserved. comparethemarket.com and comparethemeerkat.com are trading names of Compare The Market Limited. Compare The Market Limited is an insurance intermediary, which is authorised and regulated by the  Financial Conduct Authority (Firm Reference Number 778488). This website uses cookies. Continuing to use this website gives consent to cookies being used. For information on how to disable them see our cookie policy.
When you purchase comprehensive coverage, you will select a set deductible, which is the amount you pay out of pocket toward a covered claim. Let's say you choose a $500 deductible, and your car is later damaged by hail in a covered claim. If it costs $1,500 to repair your car, you would pay your $500 deductible, and your insurance would pay the remaining $1,000.
×