The best place to get the money to pay your car insurance deductible is your emergency fund. This is because an emergency fund is specifically intended to cover unexpected expenses, such as insurance deductibles, without incurring debt or interest charges. Using a credit card or borrowing from family may lead to additional costs or challenges, while relying on your insurance company won't help you cover the deductible upfront.
If you have to pay your car insurance deductible, which is the best place to get the money?(1 point)
Responses
your emergency fund
your emergency fund
your insurance company
your insurance company
your credit card
your credit card
your family
your family
1 answer