Car insurance deductibles and what they mean for you?

Rajesh Kumar met with a car accident. Luckily, he was not injured. However, damage to his vehicle was quite extensive, and repairs were expected to cost around Rs. 2,000 towards the repairs from his pocket too. 

The news surprised Rajesh. While this wasn’t a big amount, he had assumed that the insurance company would foot the entire bill in case of an accident.  

Related: Just bought a new car? Here’s what you need to do next! 

So why did Rajesh have