An auto insurance deductible is the amount of money you must pay out-of-pocket toward repair costs following a covered loss before the insurance company steps in to cover remaining costs up to a policy’s limit. Deductibles typically apply on a claim-by-claim basis, so if you have multiple accidents during a policy term, you generally have to pay the deductible each time. Not every type of auto coverage has a deductible and you may be able to choose how high your deductible is. Talk to a Lone Star Insurance Agency team member to learn more.