Sentences with phrase «owner policy deductible»

On the other hand, the average home owner policy deductible is between $ 500 and $ 1,000.

Not exact matches

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By raising the policy deductible from $ 1,000 to $ 2,000 or more, the house owner will be able to save on homeowner's insurance premium.

Life insurance premiums are deductible as a business - related expense, and the death benefit is generally tax - free for individual policy owners.

«In addition to standard home deductibles, some policies may have what are called split deductibles,» says Eric Stauffer, owner of ExpertInsuranceReviews.com.

This made their base policy more affordable because pet owners can now customize their policy - choosing a per - incident / annual maximum and deductible that makes sense for them and their budget.

The pet owner would only have to pay the deductible, copay and anything not covered under the terms of the policy out - of - pocket.

Store - owners, just like the employees, are subject to outrageous individual policy premiums and unrealistic deductibles.

However, another big exception to this is on life insurance policies where the owner and beneficiary is a corporation and the premium payments were tax deductible to the company.

This may make an owner more careful because he knows he is responsible for any deductible before the policy coverage begins.

If a gap policy covers a deductible, the deductible amount is not refunded back to the vehicle owner.

If this is the case then you do have a consideration within a condominium unit owner policy to pay for assessments such as the deductible.

What condo owners don't always consider is that even if the damage may be covered by the building master policy, buildings often have very high deductibles; therefore condo owners then become responsible for paying their portion of the deductible determined by the assessment, even if the damage itself is covered by the insurance.

Similarly, the declarations page of a vehicle insurance contract will include the model and make of the vehicle, its VIN number, name of the owner covered, the premium amount of the policy and its deductible.

Interest incurred on indebtedness has historically been deductible, (although the deduction of «personal» interest was largely eliminated in 1986), and in the 1950s a type of «leveraged insurance» transaction began being marketed that permitted an insurance owner to in effect deduct the cost of paying for insurance by (1) paying large premiums to create cash values, (2) «borrowing» against the cash value to in effect strip out the large premiums, and (3) paying deductible «interest» back to the insurer, which was in turn credited to the policy's cash value as tax - deferred earnings on the policy that could fund the insurer's legitimate charges against policy value for cost of insurance, etc..

Studies citing an average annual recovery of just $ 9.51 per door for owners with a $ 25,000 commercial property insurance deductible are alarming given that the average renters insurance policy premium in 2011 was $ 187.12

Policy Owner: Premiums paid by the policy owner are normally not deductible for federal and state income tax purposes, and proceeds paid by the insurer upon the death of the insured are not included in gross income for federal and state income tax purPolicy Owner: Premiums paid by the policy owner are normally not deductible for federal and state income tax purposes, and proceeds paid by the insurer upon the death of the insured are not included in gross income for federal and state income tax purpOwner: Premiums paid by the policy owner are normally not deductible for federal and state income tax purposes, and proceeds paid by the insurer upon the death of the insured are not included in gross income for federal and state income tax purpolicy owner are normally not deductible for federal and state income tax purposes, and proceeds paid by the insurer upon the death of the insured are not included in gross income for federal and state income tax purpowner are normally not deductible for federal and state income tax purposes, and proceeds paid by the insurer upon the death of the insured are not included in gross income for federal and state income tax purposes.

If common areas are damaged, your condo association may levy assessments against all the owners to pay the deductible on their association policy.

One way to save on your home owner's insurance is to increase the amount of the deductible on your policy.

But the auto owners must be careful about choosing a very high deductible, because that amount should be paid by the policy holder at the time of the claim.

The insured's liability will pay the owner's deductible, and the insured's policy will sort things out with the owner's policy so that the negligent party pays back the owner's insurance out of the liability coverage.

Auto owner insurance policy also includes deductibles in the agreement.

A deductible is an amount set by a policy owner and affects the premium rate.