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It depends on your insurance company, and what kind of insurance you are talking about.
Car insurance, you pay deductible if you are At Fault and they'll cover the rest of the repairs. If someone else is at fault, that driver will usually pay everything with their insurance.
Home insurance, you pay for repairs that are not covered (ie plumber, appliance repair). However, your insurance will pay for any damage that was caused to the actual structure of your home. Say you have a leaky pipe, you pay the plumber, but they'll come in and cover all the damage the leak did. Same for an appliance like a washing machine or a dishwasher/fridge. If those leak and damage your floor or cabinets, you pay to repair it but insurance may cover the damage that was done. Most people have a deductible that you still have to pay but beyond that, they'll pay the rest. Hope that answers your question. ^_^
What else can I help you with?
What is a deductible in auto insurance?
A deductible in any kind of insurance is, basically, the minimum amount before the insurance "kicks in." On any repairs covered by your insurance, you will have to pay the deductible amount before the insurance will pay anything.
What is Pay called before tax and national insurance is taken out?
Gross pay
What is a heath insurance deductible?
Its what you are required to pay out-of-pocket before your insurance will cover the costs of your medical bills. Sometimes known as "co-pay".
What is heath insurance deduction?
Its what you are required to pay out-of-pocket before your insurance will cover the costs of your medical bills. Sometimes known as "co-pay".
Will your health insurance pay first if you are in a car accident?
No. You auto insurance has to pay first before the health insurance will begin to pay. Usually they want a letter from your auto insurance carrier to prove that all medical payments coverage on your auto insurance has been exhausted.
Which is the amount for which the patient is financially responsible before an insurance policy provides payment?
The amount for which the patient is financially responsible before an insurance policy provides payment is known as the deductible. This is the initial sum that the patient must pay out-of-pocket for healthcare services before the insurance begins to cover costs. Deductibles can vary based on the specific insurance plan and may apply annually. Once the deductible is met, the insurance typically starts to share the costs according to the policy's terms.
If insured by your employer and your spouse's employer which is the primary insurance?
Your insurance through your employer is your primary insurance, and your spouse's primary insurance is through his/her employer. If both husband and wife are insured on both insurance policies, then you have primary and secondary coverage. But you will still have to pay any deductibles and co-pays before either policy will pay. The deductible is the amount you first have to pay (usually at the first of the year) before the insurance will pay anything. The co-pay is your percentage of what the insurance doesn't pay, which for many health insurance companies is 80% for them and 20% for you. There is sometimes a co-insurance that you have to pay also. Ex: Insurance companies have a set amount that they pay for any office visit, procedure, etc. If the bill is over what the insurance pays, then you are responsible for the balance.
What is the earthquake insurance deductible for my policy?
The earthquake insurance deductible for your policy is the amount you have to pay out of pocket before your insurance coverage kicks in.
Will home replacement insurance pay for fire after 3 months of coverage?
Yes, your coverage begins on the effective date of your policy.
What is the amount you pay before insurance company pays anything?
deductible.
What is a base deductible?
A base deductible is the amount an insured individual must pay out-of-pocket for covered healthcare services before their insurance plan begins to pay. This deductible typically applies to a range of services, and once it is met, the insurance will cover a larger portion of the costs, often with the insured responsible for copayments or coinsurance. The base deductible can vary based on the insurance policy and may reset annually.
Do you pay for medical appointments in America if you have insurance?
It all depends on the Insurance plan that the patient is filed under. some plans require a certain amount to be payed out of your pocket before the insurance will pay.
