deductible
A deductible is the amount you have to pay yourself before your insurance helps with the rest. For example, if you have a $250 deductible, you pay that amount first if something goes wrong.
A deductible is the amount of money a policyholder must pay out-of-pocket before an insurance company will cover the remaining costs. In this case, it refers to the cost the owner would pay before the warranty kicks in.
Hear It Discussed
"[2094.1s] and if they get a call back from their customer that says I've been in four times [2099.0s] for this same repair and they haven't been able to fix it uh you know and I paid my deductible"
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"if something does happen to it rather than scrounging for thousands of dollars for a repair, they just, there's no deductible from with most of our plans, they just get into their rental vehicle,"
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"But if you do, you're not coming out of pocket for anything other than the deductible if it is a covered repair."
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