Deductible Definition
Deductible is the amount of the loss that the policyholder is responsible to pay right away before covered benefits from the insurance company are payable. This is applicable to comprehensive or collision coverage only.
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- Uninsured Motorist Coverage
- Unearned Premiums
- Additional Interest
- Subrogation
- Accident-Year Statistics
- Additional Car
- Addendum
- ACV
- Accident Severity
- Accident Insurance