Deductible refers to the amount agreed not to compensate. Absolute deductible means that the insurer only bears losses exceeding the prescribed deductible. For example, the absolute deductible stipulated in the auto insurance policy is 100 yuan. If there is a unilateral accident, there is no deductible, and the accident causes losses of X yuan, and the compensation amount is = X- 100. Relative deductible refers to the insured amount borne by the insurer when the loss under the policy exceeds the specified deductible. For example, the auto insurance policy stipulates that the relative free amount is 100 yuan. In the event of a unilateral accident, the underwriting will not be deductible, and the accident will cause a loss of X yuan, but X >；; 100 yuan, compensation amount =X, but x
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.