Sentences with phrase «amount out of pocket»

So if you set the deductible to a high amount, such as $ 1500, then you will have to pay that amount out of pocket before your insurance will do anything.
These limits are a great baseline for drivers, but an accident will likely set you back even further and cause you to pay a significant amount out of pocket.
If you carry comprehensive, or «other than collision» insurance on your vehicles, you may have enough protection to keep you from paying a tremendous amount out of pocket when an earthquake strikes.
However, you could still end up paying some amount out of pocket if your liability coverage isn't enough to offset the damage or medical costs incurred.
Ideally, you should consider paying up the entire amount out of your pocket.
If you have to pay a large amount out of pocket then you may be forced to liquidate savings or other assets to cover something you insurance company could have covered.
Chances are high that you'll have to pay a significant amount out of pocket for medical bills or property damage.
If your incurred costs exceed your coverage limits, you can be required to pay the remaining amount out of pocket.
You'll still get a check, but you'll have to decide whether to pay the outstanding amount out of pocket, or just walk away and buy another car.
However, you need to make sure you can pay that amount out of pocket if you have to file a claim.
If the settlement awarded is above your coverage limits, you are responsible for paying the remaining amount out of pocket.
If the settlement amount exceeds your coverage limits, you are responsible for paying the remaining amount out of pocket.
Otherwise, there could be a sizable gap and you will likely be responsible for paying that amount out of pocket.
For those that would spend this amount out of pocket, it essentially reduces to the annual fee to $ 150.
Otherwise, there could be a sizable gap and you will likely be responsible for paying that amount out of pocket.
With the right level of coverage to back you up, you won't have to worry about being responsible for paying large amounts out of pocket.

Not exact matches

The government caps the amount of money an HSA holder can be asked to pay out of pocket — $ 5,250 for individuals and $ 10,500 for families — but that's still a lot.
The plan will have its own deductibles and co-insurance, cover 60 percent of the costs of health care for your employees (you won't have to make this calculation, don't worry), and come with a maximum out - of - pocket amount.
In order to save on homeowners insurance premiums, purchasers can raise their deductibles — the amount of money they'll need to pay out of pocket toward damages before the insurance company will cover the damage.
The companies are providing workers with a set dollar amount they can spend on the exchanges -; and employees who want a more robust plan can make up the difference out of pocket.
Quality matters — a lot — when seeking to get any amount of money out of anyone's pocket.
Just make sure to weigh the expected savings against the additional amount you may have to pay out - of - pocket each year.
If your new card offers a cash back bonus, you can put that amount toward your purchase, effectively reducing how much you pay out of pocket.
Obviously when someone has a high deductible plan, until they hit that deductible amount, they're spending out of pocket.
The officers can choose to pay the taxes out of pocket or sell shares in an amount equal to the tax obligation.
You pay for the VA mortgage guaranty upfront with a funding fee, which you can pay out of pocket or add to your loan amount.
This can help borrowers reduce the amount you must pay out - of - pocket when your loan closes.
This will increase the amount you pay out of pocket, and it will take longer to reach your breakeven point.
You'll pay lower premiums by increasing the amount you're willing to pay out - of - pocket if the car is damaged.
Councilwoman Inez Dickens (D - Manhattan) argued that the commission's proposed raises amounted to being «penalized» because members often give needy constituents money «out of our pockets in order for them to eat.»
An increase in the deductible or out - of - pocket minimum by an amount that exceeds medical inflation plus 15 percentage points,
«In some instances, there were leaders who could just do it right out of their own pocket and provide a huge amount of resources for whatever they believed was right in terms of advertising campaigns, or whatever it might be, or to organizations that they wanted to curry the favor of — obviously, that's not me.»
Bronze and Silver plans have lower premiums (the amount you pay every month), but higher out - of - pocket costs (the amount you pay for hospital and doctor's bills before your insurance kicks in) than the Gold and Platinum varieties.
Considering the amount of money that this dating website tries to pry out of your pocket, the service should be offering way, way more in the form of returns for the effort that you invest.
This should be the amount of your personal resources that you plan to pay directly out of pocket.
«The problem is wider and deeper than most people think, and it's hurting students» chances of success at college, it's costing families a sizeable amount of money out of pocket, and it's making college a poor value proposition for many families,» Dannenberg said.
Even with that help, the cost of that school [is thousands more than that] amount and I must pay additionally out of my own pocket every year to ensure [my son] is in an environment that meets his academic needs and allows him to excel.
The Outback racked up $ 1,159 in repair costs crumpling the Cruze's rear bumper, which in itself would have amounted to $ 740 for the average driver, and because that is less than a lot of people's deductibles, that would be coming out of pocket.
I set the goal at the minimum amount for it to be funded, and I can either hope to exceed the goal or am willing to pay the remainder out of pocket.
I'm very much satisfied with them as they never charge a hefty amount of money out of their clients» pockets.
For instance, deductibles can range from 0 to $ 1,000 (a higher deductible means a lower monthly premium, but more out - of - pocket each time your pet begins a new treatment, and a lower deductible means a higher monthly premium), and certain policies will allow a limited amount per visit or incident, which means you would be responsible for anything over that allowed amount.
With dental insurance, it's the opposite: the insurance company pays for semi-annual cleanings, xrays, and other costs up to a certain annual maximum dollar amount (usually a very low amount, in the $ 1,000 to $ 2,000 range), after which you pay for everything out of pocket (or wait until the following plan year for the additional care).
We understand the requirements and how to accomplish them with the best coverage for you and the least amount of money out of pocket.
Full coverage will prevent the need to pay for the full amount of a replacement vehicle out of your own pocket.
If you choose an HDHP, the following are the minimum deductibles and maximum out of pocket amounts for High Deductible Health Plans for 2017 and 2018.
Iowa Student Loan provides this interactive resource to help you make more informed decisions about higher education by estimating your total out - of - pocket expense for a college degree from this point forward, and the amount you and your family may need to borrow to pay for it, based on information provided in your college's award packet.
While these limits represent the least amount of insurance coverage you can have, you should consider adding more, as damages above these limits could require that you pay out - of - pocket.
«If the animal is a dog or cat and your insurance company successfully subrogates against the owner of the animal, you could have your deductible, and the amount of repairs you had to pay out of pocket before your comprehensive coverage kicked in, returned to you,» Becker says.
Comparing these two amounts, which will cost me more in out - of - pocket expenses: TotalProtect Home Warranty or paying for repairs directly?
You will pay copayments until you hit your maximum out - of - pocket amount.
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