Sentences with phrase «deductible by a certain amount»

Vanishing deductible reduces your deductible by a certain amount (usually $ 50 - $ 100) at the beginning of the policy and then the same amount annually until it reaches zero.

Not exact matches

Every single dollar that I contribute into my HSA every year is deductible on the front of my personal 1040 tax return (up to certain annual limits imposed by the IRS — for 2010 the maximum deductible HSA contribution is $ 3,050 for singles and $ 6,150 for families with those age 55 or over getting an extra $ 1,000 allotted maximum contribution amount).

Accident forgiveness plans also can include deductible reductions, where your deductible — the upfront cost you have to pay when you make a claim — decreases by a certain amount each year that you don't get into an accident.

If you're concerned about increasing your premiums by adding endorsement after endorsement, ask whether you can save money by splitting your deductible, paying a higher amount for certain claims and a lower amount for others.