Get An Insurance Deductible Is... Everfi Background. If you have insurance you probably know you have a deductible, but what does that mean? The deductible is the amount you must pay in the event of an accident or other claim.
Depending on the insurance plan, the deductible can range from $0 all the way up to thousands of dollars. When you sign up for an insurance plan, you agree to pay a certain. Once you pay the deductible, then the additionally, some insurance policies may have a minimum deductible set by the insurance company.
What is an insurance deductible?
Home insurance deductibles are usually quite different than other insurance deductibles. Once you pay the deductible, then the additionally, some insurance policies may have a minimum deductible set by the insurance company. A deductible is the amount you pay for health care services before your health insurance begins to pay. The deductible on your insurance is the amount of money on an insurance claim you would pay before the insurance company pays.
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