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What else can I help you with?
Does a deductible apply for hitting a deer?
Yes! I did it and had to pay my deductible.
If homeowner cover lightening strikes is there a deductible?
Yes, your deductible would apply.
Does AOP deductible apply to commercial property?
Yes, an "All Risk" or "All Other Perils" (AOP) deductible can apply to commercial property insurance. This type of deductible is often a standard feature in commercial property policies, meaning it applies to most covered losses, except for those specifically excluded in the policy. It's important for business owners to review their policy details to understand how the deductible works and what losses it covers.
Does deductible apply to stolen vehicles?
Yes.
If your car gets hit by a customer in your company parking lot. A hit and run. does the company have to pay your deductible?
No, they don't pay your deductible and neither do you, a deductible does not apply to a hit and run.
How to you deal with the deductible when you are fault free?
not sure what 'deal with '' means, you chose your deductible when you buy the policy (higher the deductible lower the premium on coll and comp)..if your collision or comprehensive coverage are used (regardless of fault) then your deductible will apply.........
How does your deductible work in home insurance?
The amount of a policy deductible on a homeowners insurance policy is chosen by the policyholder. Your policy deductible is the amount you are responsible for paying before the insurance company will payout for a claim. If you experience a loss to your dwelling or your personal property, your homeowners insurance policy deductible applies. The deductible does not apply to other coverages on the policy. If you experience a loss under your deductible, you will not be eligible for a payout. If your loss exceeds your deductible, your deductible will be deducted from your claims payout check.
What is the meaning of 40 coinsurance after deductible?
40 coinsurance after deductible means that after you have paid your deductible amount, you are responsible for paying 40 of the remaining costs for covered services, while your insurance company will cover the other 60.
What does it mean when a deductible does not apply?
When a deductible does not apply, it means that the insured individual does not have to pay a certain amount out-of-pocket before their insurance coverage kicks in for specific services or claims. This often occurs in situations where preventive services are covered fully, such as annual check-ups or vaccinations. It can also apply to certain types of claims or benefits that the insurer has designated as exempt from the deductible requirement. Ultimately, this can lead to reduced upfront costs for the insured at the time of service.
What is the Root word of deductible?
The root word of deductible is "deduct," which means to subtract or take away. It is derived from the Latin word "deducere," meaning to lead away.
Is collision coverage deductible and tire slashing the same?
No, Tire slashing is considered Vandalism and is covered under the comprehensive portion of your Auto Insurance Policy. Your comprehensive deductible would apply to the loss.
When your insurance said comprehensive less deductible 1000 what does that mean?
The deductible is the amount of money you will pay out of pocket before the insurance coverage kicks in. If you have 900.00 in damages, they wont pay anything. If you have 1500.00 in damages, they will give you 500.00. Less meaning - minus the deductible
