Cách sử dụng
Deductible is a word that is mostly used when you talk about insurance policies. When you buy insurance, you pay a small amount of money every year. If something bad happens, like your car gets damaged or stolen, the insurance company will pay for most of the costs. A deductible is the amount of money you have to pay first, before the insurance company starts paying. For example, if you have a $500 deductible and it costs $2000 to repair your car, you have to pay $500 and the insurance company will pay the remaining $1500. The higher your deductible, the lower your insurance premium (the amount you pay each year). So, if you're willing to make a higher deductible, you can save money on your insurance.