deductible/deducible

[poli]

I would like to know the correct word for insurance deductible in Spanish.
I use deducible but I suspect it is incorrect. When I refer to deductible
in this case, I mean the expense that must be met before insurance
considers payment. For example. My car insurance has a $500 deductible.
¿Se puede decir, "mi seguro de coche tiene un deducible de 500 dolares?"

Poli