An auto insurance deductible is the specific amount you’re responsible for paying toward a claim before your policy will cover the remaining costs. Deductibles don’t apply to all types of claims and typically can be chosen or set by you. Generally speaking, the lower your deductible, the higher your insurance premium. Choosing a deductible you can afford is essential, especially considering that deductibles for auto insurance are due on a claim-by-claim basis. If you file multiple claims for repairs or replacing your vehicle during your policy term, you’ll likely need to pay your deductible each time.