Sentences with phrase «policy deductible»

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

A typical renters policy deductible is $ 500, says Michael Barry, a spokesman for the nonprofit Insurance Information Institute.

In all cases, of course, the policy deductible must be met before any reimbursement can occur.

And Vanishing Deductible reduces the policy deductible by $ 100 per year for each year that the driver goes without filing a claim.

You can file an Uninsured Motorist Claim with your own company, provided you have a Standard Policy, and you can be paid for your damages less the $ 500 policy deductible.

Renters insurance policies frequently offer medical payments coverage between $ 1,000 and $ 5,000 but it is not subject to the policy deductible.

But with a solid Thousand Oaks renters insurance plan, all you would have to pay is the policy deductible and any excess cost beyond the policy limits.

The amount of replacement coverage is limited to the actual cash value of the vehicle insured, minus the policy deductible.

Whether the policy has a replacement cost or actual cash value valuation, in the event of a total loss, the policy deductible applies.

Special Note: Motor Home RV's may have the availability to be covered for «Replacement Cost» coverage (where a policy deductible for a covered loss may apply) or «Actual Cash Value» coverage (where a policy deductible and depreciation for a covered loss may apply).

A monitored home security system could also lower premiums as will a high policy deductible.

Rather than skimp on your auto insurance coverage to save money, try achieving an affordable full - coverage premium by maintaining a good driving record, raising your policy deductible and combining your auto and homeowner's insurance policies with the same insurer.

It's a smart add - on that puts your personal policy deductible into effect, even if you're driving for a TNC.

Actually, this is very frustrating to spend some extra money on policy deductible when you have already spent much money on the treatment of your loved one.

Drivers without the optional coverage would have to pay their standard policy deductible to get this equipment repaired.

The next thing you need to focus is the policy deductible.

With replacement cost coverage, at our option, subject to policy limits and policy deductible, if you actually replace the property we will pay you the lesser of our cost to restore, repair or replace the damaged property or the amount you actually spent to restore, repair or replace the property.

If you carry collision and comprehensive coverage, some insurers extend coverage for damage you cause to the rental car, subject to your policy deductible.

Nationwide Insurance has some unique policy features for motorcycle drivers who have a safe driving record, including its vanishing deductible option that reduces your policy deductible by $ 100 for every policy year you are claims - free.

The higher your deductible, the lower your premium may be, but you're also subject to the master policy deductible, which can be as high as $ 25,000.

The insurance company is saying the policy deductible for the vehicle damage applies.

Replacement Cost (RC)- When something in your plan is insured for its Replacement Cost, a covered claim would be reimbursed for the cost of replacing that item as of today, minus your policy deductible.

Your policy deductible applies to all property damage claims.

If your mobile home suffers a covered loss over $ 5,000 that's not caused by a hurricane or earthquake, Foremost will waive your policy deductible.

Because theft is typically a covered peril, you are likely to receive coverage for the stolen camera after paying your policy deductible.

With replacement cost coverage, at our option, subject to policy limits and policy deductible, if you actually replace the property we will pay you the lesser of our cost to restore, repair or replace the damaged property or the amount you actually spent to restore, repair or replace the property.

Note 2 With replacement cost coverage, at our option, subject to policy limits and policy deductible, if you actually replace the property we will pay you the lesser of our cost to restore, repair or replace the damaged property or the amount you actually spent to restore, repair or replace the property.

The policy deductible applies.

Renters insurance policies frequently offer medical payments coverage between $ 1,000 and $ 5,000 but it is not subject to the policy deductible.

If your mobile home suffers a covered loss over $ 5,000 that's not caused by a hurricane or earthquake, Foremost will waive your policy deductible.

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.

If your car is stolen, this protection can help offset the cost of theft - related expenses such as your insurance policy deductible and rental car reimbursement.

The cost of homeowners insurance depends on the amount of your coverage, any endorsements you add to the policy, and policy deductibles.

Unlike health insurance, auto insurance policy deductibles are normally on a per claim basis meaning you would have to cover these costs every time you file a claim.

Your personal condo policy can be tailored to cover high master policy deductibles, but it may cost more.

For both homeowner's and vehicle insurance policies, one of the easiest ways to reduce your premiums is to increase your policy deductibles to $ 1,000 or more.

Consider increasing your policy deductibles on both types of insurance.

Many people will go with the cheapest option without even looking into the fine print, such as the policy deductibles and possession limits.

And not just policy deductibles, out - of - pocket maximums, coinsurance, donut holes, in - network, out - of - network and other sometimes confusing health policy options.

Unlike basic homeowner policy deductibles, hurricane deductibles are based on a percentage — such as 5 percent — of the property's insured value.

Not exact matches

Since enrollees would need to cover almost all the price increases, they'd likely be more inclined to shop for cheaper, high - deductible policies, and spend their own money on routine procedures.

A survey by Betterley Risk Consultants Inc. found that a company with 50 employees can expect to pay anywhere from $ 1,500 to $ 7,000 a year for a policy with a $ 2,500 deductible and $ 1 - million limit.

Yet the company paid only $ 5,000, its policy's deductible.

For family policies, a qualified health plan must have a minimum deductible of $ 2,000, with a $ 10,000 cap on out - of - pocket expenses.

For example, the premium for a sample policy covering the replacement cost of a $ 200,000 home with a 0.5 % (effectively a $ 1,000 deductible) would be $ 1,173.

Standard policies include $ 15,000 in personal property coverage, $ 100,000 in liability protection and a $ 500 deductible.

Enacted in 2003 as part of legislation providing drug benefits under Medicare, the tax preference is only available if the individual purchases a high - deductible health insurance policy.

Although the payment of the insurance premiums is not tax deductible, any increase in the cash value of the insurance policy due to investment gains is not taxed until you begin to withdraw the money after you retire.

Many are unsure whether to choose a low or high deductible on their car insurance policy.

For example, if your policy covers medical payments and a hospital stay costs $ 250, what you are left paying depends on the deductible.