Audi special repair tells you, what is the meaning of no deductible in automobile insurance? Do you understand?
There is a certain amount of deductible without deductible insurance! For example, 15% deductible for vehicle damage insurance, 20% deductible for three liability insurance, etc. (for example, the specific data are different for each insurance company).
No deductible insurance is an additional commercial insurance to ensure that the insurance company pays for the loss of the vehicle.
For example, when a bicycle is scratched, it reports "car damage insurance". It costs 1000 yuan to repair the car.
If you don't buy deductible insurance, the insurance company will have a deductible ratio, such as 15%. Then: 1000 - (1000 * 15%) = 850, which is the final compensation for you, and the remaining 150 yuan is the deductible amount, which needs to be borne by yourself.
The insurance company will pay 1000 yuan if it buys the non deductible insurance.
It should be noted that the uninsured and uninsured parts have nothing to do with the deductible. It doesn't mean that if you buy one without deductible, everything will be covered.
For example, if a vehicle's tires are not covered by the insurance, no deductible will be charged if you buy them.
The "no deductible ratio" of insurance companies and insurance types is not the same, and there will be some failures (such as too frequent risks). Partners can consult clearly before going to insurance.