What is A Broad Form Deductible?
Free Car Insurance Comparison
Compare quotes from the top car insurance companies and save!
Secured with SHA-256 Encryption
UPDATED: Oct 1, 2020
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about car insurance. Our goal is to be an objective, third-party resource for everything car insurance-related. We update our site regularly, and all content is reviewed by car insurance experts.
Broad form insurance covers the basics that a standard policy covers as well as unusual or odd situations. A good example of this would be when a company purchases insurance for a fleet of cars vs. just one vehicle.
Another reason is that broad form will often include such damage as flying rocks (ideal if you’re driving on rough roads). This would be a separate option if it is available at all, on a standard basic insurance policy.
Broad form also requires a deductible just as a basic standard insurance policy would. These deductibles will vary according to the details of your actual insurance policy.
Having a broad form policy may help you in the long run if you’re trying to save money. While you may pay more for your monthly premium, you’ll save by having better coverage and being able to drive any vehicle on the policy.
In a standard policy, the coverage is only for the vehicles listed. Broad form is an insurance that follows the driver or the company.
It offers lower deductibles on the claims and will help to save more money in the long run for your premium.
By choosing a broad form policy, you’re getting better coverage for your fleet or cars or your drivers. This is especially important for you if you have specific driving conditions that may cause such things as cracked windshields or other such damage to your vehicles.
The broad form coverage will require a deductible, just as a basic standard policy that has full coverage, however, this deductible will be far less costly than that of a regular policy. This policy is the ideal way to go for a lower deductible.